PINK CHAMPAGNE
PINK CHAMPAGNE is a Texas oil lease in Stonewall County, Railroad Commission district 7B, operated by Midland Oil And Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2006 to August 2026, totalling 37,688 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 $338K, with roughly $65K 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 100 barrels a month. Its strongest month on the record we hold was September 2019, at 333 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 PINK CHAMPAGNE
- Who operates PINK CHAMPAGNE?
- PINK CHAMPAGNE is operated by Midland Oil And Gas, Inc., Railroad Commission of Texas operator number 565589.
- Where is PINK CHAMPAGNE?
- PINK CHAMPAGNE is a Texas oil lease in Stonewall County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 29795.
- Is PINK CHAMPAGNE still producing?
- PINK CHAMPAGNE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PINK CHAMPAGNE is August 2026.
- How much has PINK CHAMPAGNE produced?
- PINK CHAMPAGNE has reported 37,688 barrels of oil (bbl) to the Railroad Commission of Texas between September 2006 and August 2026, from 1 wellbore.
- How much is PINK CHAMPAGNE worth?
- The remaining production from PINK CHAMPAGNE is estimated to be worth about $338K in total as of 26 August 2026, within a range of $186K to $490K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PINK CHAMPAGNE is a fraction of it. The estimate fits an Arps decline curve to the production PINK CHAMPAGNE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PINK CHAMPAGNE is an estimate of value, not an offer and not an appraisal.
- How much income does PINK CHAMPAGNE generate in a year?
- PINK CHAMPAGNE is forecast to net about $65K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PINK CHAMPAGNE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Midland Oil And Gas, Inc. |
|---|---|
| Field | Frankirk, SW. (Canyon Reef) |
| County | Stonewall County, Texas |
| RRC district | 7B |
| Lease number | 29795 |
| Wellbores | 1 |
| Reported production | 37,688 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $338K |
Where PINK CHAMPAGNE 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.