TEXAS -QQ-
TEXAS -QQ- is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Pennzoil Petroleum Company. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 295,166 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 $59K, with roughly $14K expected over the next twelve months.
| Operator | Pennzoil Petroleum Company |
|---|---|
| Field | Shafter Lake (Clear Fork) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 14827 |
| Wellbores | 4 |
| Reported production | 295,166 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $59K |
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.