FAITH-SAN PEDRO N UNIT
FAITH-SAN PEDRO N UNIT is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Chesapeake Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from June 2022 to August 2026, totalling 333,145 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 $12.7M, with roughly $2.8M 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 3,189 barrels a month. Its strongest month on the record we hold was June 2022, at 36,087 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 FAITH-SAN PEDRO N UNIT
- Who operates FAITH-SAN PEDRO N UNIT?
- FAITH-SAN PEDRO N UNIT is operated by Chesapeake Operating, L.L.C., Railroad Commission of Texas operator number 147699.
- Where is FAITH-SAN PEDRO N UNIT?
- FAITH-SAN PEDRO N UNIT is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 20713.
- Is FAITH-SAN PEDRO N UNIT still producing?
- FAITH-SAN PEDRO N UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FAITH-SAN PEDRO N UNIT is August 2026.
- How much has FAITH-SAN PEDRO N UNIT produced?
- FAITH-SAN PEDRO N UNIT has reported 333,145 barrels of oil (bbl) to the Railroad Commission of Texas between June 2022 and August 2026, from 1 wellbore.
- How much is FAITH-SAN PEDRO N UNIT worth?
- The remaining production from FAITH-SAN PEDRO N UNIT is estimated to be worth about $12.7M in total as of 26 August 2026, within a range of $10.5M to $14.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FAITH-SAN PEDRO N UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FAITH-SAN PEDRO N UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FAITH-SAN PEDRO N UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FAITH-SAN PEDRO N UNIT generate in a year?
- FAITH-SAN PEDRO N UNIT is forecast to net about $2.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FAITH-SAN PEDRO N UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, L.L.C. |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 20713 |
| Wellbores | 1 |
| Reported production | 333,145 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12.7M |
Where FAITH-SAN PEDRO N UNIT 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.