BOWERS
BOWERS is a Texas oil lease in Montague County, Railroad Commission district 09, operated by O'Neal, Lindell. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 51,630 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 $283K, with roughly $54K 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 73 barrels a month, about 24 per wellbore. Its strongest month on the record we hold was March 2018, at 118 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 BOWERS
- Who operates BOWERS?
- BOWERS is operated by O'Neal, Lindell, Railroad Commission of Texas operator number 623250.
- Where is BOWERS?
- BOWERS is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 16129.
- Is BOWERS still producing?
- BOWERS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOWERS is August 2026.
- How much has BOWERS produced?
- BOWERS has reported 51,630 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is BOWERS worth?
- The remaining production from BOWERS is estimated to be worth about $283K in total as of 26 August 2026, within a range of $156K to $410K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOWERS is a fraction of it. The estimate fits an Arps decline curve to the production BOWERS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOWERS is an estimate of value, not an offer and not an appraisal.
- How much income does BOWERS generate in a year?
- BOWERS is forecast to net about $54K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BOWERS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | O'Neal, Lindell |
|---|---|
| Field | Bowers (Granite Wash) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 16129 |
| Wellbores | 3 |
| Reported production | 51,630 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $283K |
Where BOWERS 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.