ZION 15X
ZION 15X 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 292,802 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 $7.6M, with roughly $2.7M 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 5,818 barrels a month. Its strongest month on the record we hold was July 2024, at 53,061 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 15X
- Who operates ZION 15X?
- ZION 15X is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is ZION 15X?
- ZION 15X is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62771.
- Is ZION 15X still producing?
- ZION 15X is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ZION 15X is August 2026.
- How much has ZION 15X produced?
- ZION 15X has reported 292,802 barrels of oil (bbl) to the Railroad Commission of Texas between June 2024 and August 2026, from 1 wellbore.
- How much is ZION 15X worth?
- The remaining production from ZION 15X is estimated to be worth about $7.6M in total as of 27 August 2026, within a range of $6.3M to $8.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ZION 15X is a fraction of it. The estimate fits an Arps decline curve to the production ZION 15X has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ZION 15X is an estimate of value, not an offer and not an appraisal.
- How much income does ZION 15X generate in a year?
- ZION 15X is forecast to net about $2.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ZION 15X 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 | 62771 |
| Wellbores | 1 |
| Reported production | 292,802 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.6M |
Where ZION 15X 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.