RED ANGUS 48
RED ANGUS 48 is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Purvis Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from September 2013 to August 2026, totalling 33,991 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 $4K, with roughly $813 expected over the next twelve months.
| Operator | Purvis Operating Co. |
|---|---|
| Field | Purvis Ranch (Wichita Albany) |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 44586 |
| Wellbores | 1 |
| Reported production | 33,991 bbl |
| First reported | September 2013 |
| Last reported | August 2026 |
| Estimated royalty value | $4K |
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.