ZION 15E
ZION 15E is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2024 to August 2026, totalling 219,057 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $7.0M, with roughly $2.5M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 5,851 barrels a month. Its strongest month on the record we hold was August 2024, at 25,419 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about ZION 15E
- Who operates ZION 15E?
- ZION 15E is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is ZION 15E?
- ZION 15E is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62749.
- Is ZION 15E still producing?
- ZION 15E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ZION 15E is August 2026.
- How much has ZION 15E produced?
- ZION 15E has reported 219,057 barrels of oil (bbl) to the Railroad Commission of Texas between June 2024 and August 2026, from 1 wellbore.
- How much is ZION 15E worth?
- The remaining production from ZION 15E is estimated to be worth about $7.0M in total as of 26 August 2026, within a range of $5.8M to $8.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ZION 15E is a fraction of it. The estimate fits an Arps decline curve to the production ZION 15E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ZION 15E is an estimate of value, not an offer and not an appraisal.
- How much income does ZION 15E generate in a year?
- ZION 15E is forecast to net about $2.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ZION 15E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ovintiv USA Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 62749 |
| Wellbores | 1 |
| Reported production | 219,057 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.0M |
Where ZION 15E sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.