PIER "24"

PIER "24" is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Endeavor Energy Resources L.P. It has 4 wellbores on file with the Commission. Reported production runs from September 2007 to August 2026, totalling 214,508 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 $6K, with roughly $3K expected over the next twelve months.

OperatorEndeavor Energy Resources L.P.
FieldSpraberry (Trend Area)
CountyMartin County, Texas
RRC district08
Lease number38405
Wellbores4
Reported production214,508 bbl
First reportedSeptember 2007
Last reportedAugust 2026
Estimated royalty value$6K

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.