CONNELL 48 WEST
CONNELL 48 WEST is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Apache Corporation. It has 6 wellbores on file with the Commission. Reported production runs from February 2017 to August 2026, totalling 1,030,398 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 $6.7M, with roughly $1.9M 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 1,064 barrels a month, about 177 per wellbore. Its strongest month on the record we hold was March 2017, at 111,283 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 CONNELL 48 WEST
- Who operates CONNELL 48 WEST?
- CONNELL 48 WEST is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is CONNELL 48 WEST?
- CONNELL 48 WEST is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19457.
- Is CONNELL 48 WEST still producing?
- CONNELL 48 WEST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONNELL 48 WEST is August 2026.
- How much has CONNELL 48 WEST produced?
- CONNELL 48 WEST has reported 1,030,398 barrels of oil (bbl) to the Railroad Commission of Texas between February 2017 and August 2026, from 6 wellbores.
- How much is CONNELL 48 WEST worth?
- The remaining production from CONNELL 48 WEST is estimated to be worth about $6.7M in total as of 26 August 2026, within a range of $5.5M to $7.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONNELL 48 WEST is a fraction of it. The estimate fits an Arps decline curve to the production CONNELL 48 WEST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONNELL 48 WEST is an estimate of value, not an offer and not an appraisal.
- How much income does CONNELL 48 WEST generate in a year?
- CONNELL 48 WEST is forecast to net about $1.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONNELL 48 WEST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 19457 |
| Wellbores | 6 |
| Reported production | 1,030,398 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.7M |
Where CONNELL 48 WEST 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.