WATSON-HOWARD
WATSON-HOWARD is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Enervest Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from March 2013 to August 2026, totalling 33,954 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 $342K, with roughly $66K 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 88 barrels a month. Its strongest month on the record we hold was February 2017, at 361 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 WATSON-HOWARD
- Who operates WATSON-HOWARD?
- WATSON-HOWARD is operated by Enervest Operating, L.L.C., Railroad Commission of Texas operator number 252131.
- Where is WATSON-HOWARD?
- WATSON-HOWARD is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26366.
- Is WATSON-HOWARD still producing?
- WATSON-HOWARD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WATSON-HOWARD is August 2026.
- How much has WATSON-HOWARD produced?
- WATSON-HOWARD has reported 33,954 barrels of oil (bbl) to the Railroad Commission of Texas between March 2013 and August 2026, from 1 wellbore.
- How much is WATSON-HOWARD worth?
- The remaining production from WATSON-HOWARD is estimated to be worth about $342K in total as of 26 August 2026, within a range of $188K to $496K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WATSON-HOWARD is a fraction of it. The estimate fits an Arps decline curve to the production WATSON-HOWARD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WATSON-HOWARD is an estimate of value, not an offer and not an appraisal.
- How much income does WATSON-HOWARD generate in a year?
- WATSON-HOWARD is forecast to net about $66K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WATSON-HOWARD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enervest Operating, L.L.C. |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 26366 |
| Wellbores | 1 |
| Reported production | 33,954 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $342K |
Where WATSON-HOWARD 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.