FAITH-SAN PEDRO
FAITH-SAN PEDRO is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by 3r-B Oil Venture. It has 48 wellbores on file with the Commission. Reported production runs from April 2001 to August 2026, totalling 7,242,704 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $1.7M, with roughly $329K expected over the next twelve months.
| Operator | 3r-B Oil Venture |
|---|---|
| Field | Midway (2300 Oil) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 15317 |
| Wellbores | 48 |
| Reported production | 7,242,704 bbl |
| First reported | April 2001 |
| Last reported | August 2026 |
| Estimated royalty value | $1.7M |
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.