BEAUMONT PETROLEUM CO. - STATE
BEAUMONT PETROLEUM CO. - STATE is a Texas oil lease in Harris County, Railroad Commission district 03, operated by Pennzoil Petroleum Company. It has 22 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,464,677 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 $5.6M, with roughly $1.3M 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 2,009 barrels a month, about 91 per wellbore. Its strongest month on the record we hold was December 2019, at 4,405 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 BEAUMONT PETROLEUM CO. - STATE
- Who operates BEAUMONT PETROLEUM CO. - STATE?
- BEAUMONT PETROLEUM CO. - STATE is operated by Pennzoil Petroleum Company, Railroad Commission of Texas operator number 652365.
- Where is BEAUMONT PETROLEUM CO. - STATE?
- BEAUMONT PETROLEUM CO. - STATE is a Texas oil lease in Harris County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 01771.
- Is BEAUMONT PETROLEUM CO. - STATE still producing?
- BEAUMONT PETROLEUM CO. - STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BEAUMONT PETROLEUM CO. - STATE is August 2026.
- How much has BEAUMONT PETROLEUM CO. - STATE produced?
- BEAUMONT PETROLEUM CO. - STATE has reported 1,464,677 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 22 wellbores.
- How much is BEAUMONT PETROLEUM CO. - STATE worth?
- The remaining production from BEAUMONT PETROLEUM CO. - STATE is estimated to be worth about $5.6M in total as of 26 August 2026, within a range of $4.7M to $6.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BEAUMONT PETROLEUM CO. - STATE is a fraction of it. The estimate fits an Arps decline curve to the production BEAUMONT PETROLEUM CO. - STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BEAUMONT PETROLEUM CO. - STATE is an estimate of value, not an offer and not an appraisal.
- How much income does BEAUMONT PETROLEUM CO. - STATE generate in a year?
- BEAUMONT PETROLEUM CO. - STATE is forecast to net about $1.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BEAUMONT PETROLEUM CO. - STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pennzoil Petroleum Company |
|---|---|
| Field | Goose Creek |
| County | Harris County, Texas |
| RRC district | 03 |
| Lease number | 01771 |
| Wellbores | 22 |
| Reported production | 1,464,677 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.6M |
Where BEAUMONT PETROLEUM CO. - STATE 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.