HOWITZER
HOWITZER is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Verdun Oil & Gas LLC. It has 2 wellbores on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 752,943 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 $3.0M, with roughly $896K 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 1,490 barrels a month, about 745 per wellbore. Its strongest month on the record we hold was December 2018, at 50,773 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 HOWITZER
- Who operates HOWITZER?
- HOWITZER is operated by Verdun Oil & Gas LLC, Railroad Commission of Texas operator number 884566.
- Where is HOWITZER?
- HOWITZER is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 19480.
- Is HOWITZER still producing?
- HOWITZER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOWITZER is August 2026.
- How much has HOWITZER produced?
- HOWITZER has reported 752,943 barrels of oil (bbl) to the Railroad Commission of Texas between September 2018 and August 2026, from 2 wellbores.
- How much is HOWITZER worth?
- The remaining production from HOWITZER is estimated to be worth about $3.0M in total as of 27 August 2026, within a range of $2.5M to $3.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOWITZER is a fraction of it. The estimate fits an Arps decline curve to the production HOWITZER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOWITZER is an estimate of value, not an offer and not an appraisal.
- How much income does HOWITZER generate in a year?
- HOWITZER is forecast to net about $896K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOWITZER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Verdun Oil & Gas LLC |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 19480 |
| Wellbores | 2 |
| Reported production | 752,943 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.0M |
Where HOWITZER 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.