PAYNE UNIT A

PAYNE UNIT A is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Crimson Exploration Oper., Inc. It has 2 wellbores on file with the Commission. Reported production runs from July 2012 to August 2026, totalling 446,020 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 $17K, with roughly $7K expected over the next twelve months.

OperatorCrimson Exploration Oper., Inc.
FieldMadisonville, W. (Woodbine -A-)
CountyMadison County, Texas
RRC district03
Lease number26067
Wellbores2
Reported production446,020 bbl
First reportedJuly 2012
Last reportedAugust 2026
Estimated royalty value$17K

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.