ATKINS STATE
ATKINS STATE is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Graham, Bill J. Oil & Gas Corp. It has 2 wellbores on file with the Commission. Reported production runs from November 1996 to August 2026, totalling 180,774 barrels. The lease is intermittent. 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 $28K, with roughly $5K 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 18 barrels a month, about 9 per wellbore. Its strongest month on the record we hold was December 2021, at 286 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 ATKINS STATE
- Who operates ATKINS STATE?
- ATKINS STATE is operated by Graham, Bill J. Oil & Gas Corp., Railroad Commission of Texas operator number 322349.
- Where is ATKINS STATE?
- ATKINS STATE is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 35139.
- Is ATKINS STATE still producing?
- ATKINS STATE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for ATKINS STATE is August 2026.
- How much has ATKINS STATE produced?
- ATKINS STATE has reported 180,774 barrels of oil (bbl) to the Railroad Commission of Texas between November 1996 and August 2026, from 2 wellbores.
- How much is ATKINS STATE worth?
- The remaining production from ATKINS STATE is estimated to be worth about $28K in total as of 26 August 2026, within a range of $15K to $41K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ATKINS STATE is a fraction of it. The estimate fits an Arps decline curve to the production ATKINS STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ATKINS STATE is an estimate of value, not an offer and not an appraisal.
- How much income does ATKINS STATE generate in a year?
- ATKINS STATE is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ATKINS STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Graham, Bill J. Oil & Gas Corp. |
|---|---|
| Field | Pecos Valley, S. (Ellen. Se) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 35139 |
| Wellbores | 2 |
| Reported production | 180,774 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $28K |
Where ATKINS STATE 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.