PRUETT 23
PRUETT 23 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Energen Resources Corporation. It has 4 wellbores on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 363,184 barrels. The lease is currently producing. 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 $2.5M, with roughly $561K 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 794 barrels a month, about 198 per wellbore. Its strongest month on the record we hold was May 2017, at 1,928 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 PRUETT 23
- Who operates PRUETT 23?
- PRUETT 23 is operated by Energen Resources Corporation, Railroad Commission of Texas operator number 252002.
- Where is PRUETT 23?
- PRUETT 23 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41411.
- Is PRUETT 23 still producing?
- PRUETT 23 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRUETT 23 is August 2026.
- How much has PRUETT 23 produced?
- PRUETT 23 has reported 363,184 barrels of oil (bbl) to the Railroad Commission of Texas between December 2010 and August 2026, from 4 wellbores.
- How much is PRUETT 23 worth?
- The remaining production from PRUETT 23 is estimated to be worth about $2.5M in total as of 27 August 2026, within a range of $2.0M to $3.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRUETT 23 is a fraction of it. The estimate fits an Arps decline curve to the production PRUETT 23 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRUETT 23 is an estimate of value, not an offer and not an appraisal.
- How much income does PRUETT 23 generate in a year?
- PRUETT 23 is forecast to net about $561K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PRUETT 23 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Energen Resources Corporation |
|---|---|
| Field | Two Georges (Bone Spring) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 41411 |
| Wellbores | 4 |
| Reported production | 363,184 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.5M |
Where PRUETT 23 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.