ROWAN & HOPE UNIT
ROWAN & HOPE UNIT is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by Williams Oil Company. It has 13 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 288,184 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 $1.4M, with roughly $310K 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 459 barrels a month, about 35 per wellbore. Its strongest month on the record we hold was June 2020, at 767 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 ROWAN & HOPE UNIT
- Who operates ROWAN & HOPE UNIT?
- ROWAN & HOPE UNIT is operated by Williams Oil Company, Railroad Commission of Texas operator number 925440.
- Where is ROWAN & HOPE UNIT?
- ROWAN & HOPE UNIT is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 05596.
- Is ROWAN & HOPE UNIT still producing?
- ROWAN & HOPE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ROWAN & HOPE UNIT is August 2026.
- How much has ROWAN & HOPE UNIT produced?
- ROWAN & HOPE UNIT has reported 288,184 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 13 wellbores.
- How much is ROWAN & HOPE UNIT worth?
- The remaining production from ROWAN & HOPE UNIT is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ROWAN & HOPE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ROWAN & HOPE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ROWAN & HOPE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does ROWAN & HOPE UNIT generate in a year?
- ROWAN & HOPE UNIT is forecast to net about $310K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ROWAN & HOPE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Williams Oil Company |
|---|---|
| Field | Rowan & Hope (Strawn Reef) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 05596 |
| Wellbores | 13 |
| Reported production | 288,184 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where ROWAN & HOPE 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.