STATE SCHOOL BOARD -MF-
STATE SCHOOL BOARD -MF- is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Pennzoil Petroleum Company. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 45,710 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 $7K, with roughly $1K expected over the next twelve months.
| Operator | Pennzoil Petroleum Company |
|---|---|
| Field | Tippett (Leonard, Lower) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 05593 |
| Wellbores | 3 |
| Reported production | 45,710 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $7K |
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.