PETERSON, J. N. /A/C NO. 1/

PETERSON, J. N. /A/C NO. 1/ is a Texas oil lease in Rusk County, Railroad Commission district 6E, operated by Sigmon Production Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 48,880 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 $404K, with roughly $78K 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 149 barrels a month. Its strongest month on the record we hold was April 2024, at 400 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 PETERSON, J. N. /A/C NO. 1/

Who operates PETERSON, J. N. /A/C NO. 1/?: PETERSON, J. N. /A/C NO. 1/ is operated by Sigmon Production Company, Inc., Railroad Commission of Texas operator number 780278.
Where is PETERSON, J. N. /A/C NO. 1/?: PETERSON, J. N. /A/C NO. 1/ is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 06990.
Is PETERSON, J. N. /A/C NO. 1/ still producing?: PETERSON, J. N. /A/C NO. 1/ is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PETERSON, J. N. /A/C NO. 1/ is August 2026.
How much has PETERSON, J. N. /A/C NO. 1/ produced?: PETERSON, J. N. /A/C NO. 1/ has reported 48,880 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is PETERSON, J. N. /A/C NO. 1/ worth?: The remaining production from PETERSON, J. N. /A/C NO. 1/ is estimated to be worth about $404K in total as of 26 August 2026, within a range of $315K to $492K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PETERSON, J. N. /A/C NO. 1/ is a fraction of it. The estimate fits an Arps decline curve to the production PETERSON, J. N. /A/C NO. 1/ has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PETERSON, J. N. /A/C NO. 1/ is an estimate of value, not an offer and not an appraisal.
How much income does PETERSON, J. N. /A/C NO. 1/ generate in a year?: PETERSON, J. N. /A/C NO. 1/ is forecast to net about $78K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PETERSON, J. N. /A/C NO. 1/ receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

PETERSON, J. N. /A/C NO. 1/ as filed with the Railroad Commission of Texas
Operator	Sigmon Production Company, Inc.
Field	East Texas
County	Rusk County, Texas
RRC district	6E
Lease number	06990
Wellbores	1
Reported production	48,880 bbl
First reported	January 1993
Last reported	August 2026
Estimated royalty value	$404K

Where PETERSON, J. N. /A/C NO. 1/ sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.