PRESSLY, EDMONIA
PRESSLY, EDMONIA is a Texas oil lease in Jackson County, Railroad Commission district 02, operated by Cordele Development Corporation. It has 1 wellbore on file with the Commission. Reported production runs from May 2014 to August 2026, totalling 19,150 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 $14K, with roughly $3K 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 53 barrels a month. Its strongest month on the record we hold was January 2017, at 320 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 PRESSLY, EDMONIA
- Who operates PRESSLY, EDMONIA?
- PRESSLY, EDMONIA is operated by Cordele Development Corporation, Railroad Commission of Texas operator number 178030.
- Where is PRESSLY, EDMONIA?
- PRESSLY, EDMONIA is a Texas oil lease in Jackson County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11211.
- Is PRESSLY, EDMONIA still producing?
- PRESSLY, EDMONIA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRESSLY, EDMONIA is August 2026.
- How much has PRESSLY, EDMONIA produced?
- PRESSLY, EDMONIA has reported 19,150 barrels of oil (bbl) to the Railroad Commission of Texas between May 2014 and August 2026, from 1 wellbore.
- How much is PRESSLY, EDMONIA worth?
- The remaining production from PRESSLY, EDMONIA is estimated to be worth about $14K in total as of 26 August 2026, within a range of $8K to $20K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRESSLY, EDMONIA is a fraction of it. The estimate fits an Arps decline curve to the production PRESSLY, EDMONIA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRESSLY, EDMONIA is an estimate of value, not an offer and not an appraisal.
- How much income does PRESSLY, EDMONIA generate in a year?
- PRESSLY, EDMONIA is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PRESSLY, EDMONIA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cordele Development Corporation |
|---|---|
| Field | Cordele (M-2) |
| County | Jackson County, Texas |
| RRC district | 02 |
| Lease number | 11211 |
| Wellbores | 1 |
| Reported production | 19,150 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $14K |
Where PRESSLY, EDMONIA 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.