KHC 33-24 SE
KHC 33-24 SE is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Callon Petroleum Operating Co. It has 2 wellbores on file with the Commission. Reported production runs from January 2020 to August 2026, totalling 400,659 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 $2.9M, with roughly $1.6M 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 1,300 barrels a month, about 650 per wellbore. Its strongest month on the record we hold was November 2020, at 16,375 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 KHC 33-24 SE
- Who operates KHC 33-24 SE?
- KHC 33-24 SE is operated by Callon Petroleum Operating Co, Railroad Commission of Texas operator number 124828.
- Where is KHC 33-24 SE?
- KHC 33-24 SE is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52860.
- Is KHC 33-24 SE still producing?
- KHC 33-24 SE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KHC 33-24 SE is August 2026.
- How much has KHC 33-24 SE produced?
- KHC 33-24 SE has reported 400,659 barrels of oil (bbl) to the Railroad Commission of Texas between January 2020 and August 2026, from 2 wellbores.
- How much is KHC 33-24 SE worth?
- The remaining production from KHC 33-24 SE is estimated to be worth about $2.9M in total as of 26 August 2026, within a range of $2.4M to $3.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KHC 33-24 SE is a fraction of it. The estimate fits an Arps decline curve to the production KHC 33-24 SE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KHC 33-24 SE is an estimate of value, not an offer and not an appraisal.
- How much income does KHC 33-24 SE generate in a year?
- KHC 33-24 SE is forecast to net about $1.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KHC 33-24 SE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Callon Petroleum Operating Co |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 52860 |
| Wellbores | 2 |
| Reported production | 400,659 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.9M |
Where KHC 33-24 SE 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.