CONOCO-ALTMAN -A-
CONOCO-ALTMAN -A- is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Smith & Marrs Inc. It has 9 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 16,169 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 $75K, with roughly $13K 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 12 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was May 2018, at 57 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 CONOCO-ALTMAN -A-
- Who operates CONOCO-ALTMAN -A-?
- CONOCO-ALTMAN -A- is operated by Smith & Marrs Inc., Railroad Commission of Texas operator number 794699.
- Where is CONOCO-ALTMAN -A-?
- CONOCO-ALTMAN -A- is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 01344.
- Is CONOCO-ALTMAN -A- still producing?
- CONOCO-ALTMAN -A- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONOCO-ALTMAN -A- is August 2026.
- How much has CONOCO-ALTMAN -A- produced?
- CONOCO-ALTMAN -A- has reported 16,169 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 9 wellbores.
- How much is CONOCO-ALTMAN -A- worth?
- The remaining production from CONOCO-ALTMAN -A- is estimated to be worth about $75K in total as of 26 August 2026, within a range of $41K to $109K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONOCO-ALTMAN -A- is a fraction of it. The estimate fits an Arps decline curve to the production CONOCO-ALTMAN -A- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONOCO-ALTMAN -A- is an estimate of value, not an offer and not an appraisal.
- How much income does CONOCO-ALTMAN -A- generate in a year?
- CONOCO-ALTMAN -A- is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONOCO-ALTMAN -A- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Smith & Marrs Inc. |
|---|---|
| Field | Emperor, Deep |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 01344 |
| Wellbores | 9 |
| Reported production | 16,169 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $75K |
Where CONOCO-ALTMAN -A- 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.