HOWARD-MOORE UNIT
HOWARD-MOORE UNIT is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Vess Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from September 2022 to August 2026, totalling 142,978 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 $2.6M, with roughly $1.0M 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 1,755 barrels a month. Its strongest month on the record we hold was October 2022, at 13,396 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 HOWARD-MOORE UNIT
- Who operates HOWARD-MOORE UNIT?
- HOWARD-MOORE UNIT is operated by Vess Oil Corporation, Railroad Commission of Texas operator number 884750.
- Where is HOWARD-MOORE UNIT?
- HOWARD-MOORE UNIT is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 28010.
- Is HOWARD-MOORE UNIT still producing?
- HOWARD-MOORE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOWARD-MOORE UNIT is August 2026.
- How much has HOWARD-MOORE UNIT produced?
- HOWARD-MOORE UNIT has reported 142,978 barrels of oil (bbl) to the Railroad Commission of Texas between September 2022 and August 2026, from 1 wellbore.
- How much is HOWARD-MOORE UNIT worth?
- The remaining production from HOWARD-MOORE UNIT is estimated to be worth about $2.6M in total as of 26 August 2026, within a range of $2.2M to $3.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOWARD-MOORE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HOWARD-MOORE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOWARD-MOORE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HOWARD-MOORE UNIT generate in a year?
- HOWARD-MOORE UNIT is forecast to net about $1.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HOWARD-MOORE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Vess Oil Corporation |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 28010 |
| Wellbores | 1 |
| Reported production | 142,978 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.6M |
Where HOWARD-MOORE UNIT 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.