HOWELL
HOWELL is a Texas oil lease in Knox County, Railroad Commission district 7B, operated by Cholla Petroleum, Inc. It has 2 wellbores on file with the Commission. Reported production runs from February 2013 to August 2026, totalling 93,097 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 $394K, with roughly $76K 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 121 barrels a month, about 61 per wellbore. Its strongest month on the record we hold was August 2017, at 1,025 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
- Who operates HOWELL?
- HOWELL is operated by Cholla Petroleum, Inc., Railroad Commission of Texas operator number 150683.
- Where is HOWELL?
- HOWELL is a Texas oil lease in Knox County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31234.
- Is HOWELL still producing?
- HOWELL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOWELL is August 2026.
- How much has HOWELL produced?
- HOWELL has reported 93,097 barrels of oil (bbl) to the Railroad Commission of Texas between February 2013 and August 2026, from 2 wellbores.
- How much is HOWELL worth?
- The remaining production from HOWELL is estimated to be worth about $394K in total as of 27 August 2026, within a range of $307K to $480K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOWELL is a fraction of it. The estimate fits an Arps decline curve to the production HOWELL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOWELL is an estimate of value, not an offer and not an appraisal.
- How much income does HOWELL generate in a year?
- HOWELL is forecast to net about $76K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOWELL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cholla Petroleum, Inc. |
|---|---|
| Field | Katz (Strawn) |
| County | Knox County, Texas |
| RRC district | 7B |
| Lease number | 31234 |
| Wellbores | 2 |
| Reported production | 93,097 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $394K |
Where HOWELL 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.