HOWELL, J. W.
HOWELL, J. W. is a Texas oil lease in Knox County, Railroad Commission district 09, operated by Best Petroleum Explorations,Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 52,504 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 $571K, with roughly $110K 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 127 barrels a month, about 64 per wellbore. Its strongest month on the record we hold was June 2016, at 527 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 HOWELL, J. W.
- Who operates HOWELL, J. W.?
- HOWELL, J. W. is operated by Best Petroleum Explorations,Inc., Railroad Commission of Texas operator number 068287.
- Where is HOWELL, J. W.?
- HOWELL, J. W. is a Texas oil lease in Knox County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 11069.
- Is HOWELL, J. W. still producing?
- HOWELL, J. W. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOWELL, J. W. is August 2026.
- How much has HOWELL, J. W. produced?
- HOWELL, J. W. has reported 52,504 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is HOWELL, J. W. worth?
- The remaining production from HOWELL, J. W. is estimated to be worth about $571K in total as of 27 August 2026, within a range of $446K to $697K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOWELL, J. W. is a fraction of it. The estimate fits an Arps decline curve to the production HOWELL, J. W. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOWELL, J. W. is an estimate of value, not an offer and not an appraisal.
- How much income does HOWELL, J. W. generate in a year?
- HOWELL, J. W. is forecast to net about $110K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOWELL, J. W. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Best Petroleum Explorations,Inc. |
|---|---|
| Field | J. E. K. (Strawn) |
| County | Knox County, Texas |
| RRC district | 09 |
| Lease number | 11069 |
| Wellbores | 2 |
| Reported production | 52,504 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $571K |
Where HOWELL, J. W. 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.