Oil and gas leases in Principal Oil Corp.

Principal Oil Corp. is a Texas operator, Commission number 677999, with 5 leases reporting production across 2 counties. 3 of them are oil leases and 2 are gas leases. Between them they carry 9 wellbores. Reported volumes run from December 1994 to August 2026 and come to 70 thousand barrels of oil and 399 thousand Mcf of gas. Every lease below has its own page with a decline-curve forecast and an estimate of what the whole lease is worth.

Key facts about Principal Oil Corp.

How many oil and gas leases are in Principal Oil Corp.?
Principal Oil Corp. has 5 oil and gas leases with production reported to the Railroad Commission of Texas, as of August 2026.
How much oil and gas has Principal Oil Corp. produced?
Leases in Principal Oil Corp. have reported 69,809 barrels of oil (bbl) and 399,176 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 1994 and August 2026.
How much are mineral rights in Principal Oil Corp. worth?
There is no single figure: what a mineral or royalty interest in Principal Oil Corp. is worth depends on the individual lease, its decline, and the share the owner holds. Each of the 5 leases listed here has its own page with the full production history the operator reported, a decline-curve forecast, and an estimate of what a royalty interest in it is worth today.

Counties here

Railroad Commission districts

Leases

  • WHITIS GAS UNIT #1 — gas, Principal Oil Corp., Erath County, 266 thousand reported
  • IRONS GAS UNIT #1 — gas, Principal Oil Corp., Erath County, 133 thousand reported
  • SHAFFER — oil, Principal Oil Corp., Taylor County, 55 thousand reported
  • NEWMAN — oil, Principal Oil Corp., Taylor County, 15 thousand reported
  • NEWMAN — oil, Principal Oil Corp., Taylor County, 29 reported

Production figures are as reported to the Railroad Commission of Texas. Values shown on lease pages are estimates produced by fitting a decline curve to that reported history; they are not offers or appraisals.