STATE -AR-

STATE -AR- is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Pennzoil Petroleum Company. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 15,537 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 $1K, with roughly $274 expected over the next twelve months.

OperatorPennzoil Petroleum Company
FieldTriple-N (Grayburg)
CountyAndrews County, Texas
RRC district08
Lease number20188
Wellbores5
Reported production15,537 bbl
First reportedJanuary 1993
Last reportedAugust 2026
Estimated royalty value$1K

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.