BISHOP SOUTH
BISHOP SOUTH is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by Cholla Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2020 to August 2026, totalling 41,904 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 $993K, with roughly $186K 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 252 barrels a month. Its strongest month on the record we hold was July 2020, at 2,627 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 BISHOP SOUTH
- Who operates BISHOP SOUTH?
- BISHOP SOUTH is operated by Cholla Petroleum, Inc., Railroad Commission of Texas operator number 150683.
- Where is BISHOP SOUTH?
- BISHOP SOUTH is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32414.
- Is BISHOP SOUTH still producing?
- BISHOP SOUTH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BISHOP SOUTH is August 2026.
- How much has BISHOP SOUTH produced?
- BISHOP SOUTH has reported 41,904 barrels of oil (bbl) to the Railroad Commission of Texas between February 2020 and August 2026, from 1 wellbore.
- How much is BISHOP SOUTH worth?
- The remaining production from BISHOP SOUTH is estimated to be worth about $993K in total as of 26 August 2026, within a range of $774K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BISHOP SOUTH is a fraction of it. The estimate fits an Arps decline curve to the production BISHOP SOUTH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BISHOP SOUTH is an estimate of value, not an offer and not an appraisal.
- How much income does BISHOP SOUTH generate in a year?
- BISHOP SOUTH is forecast to net about $186K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BISHOP SOUTH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cholla Petroleum, Inc. |
|---|---|
| Field | Sweetwater (Canyon Sand) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 32414 |
| Wellbores | 1 |
| Reported production | 41,904 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $993K |
Where BISHOP SOUTH 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.