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 5 wellbores on file with the Commission. Reported production runs from March 2013 to August 2026, totalling 281,550 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 $23K, with roughly $4K expected over the next twelve months.
| Operator | Purvis Operating Co. |
|---|---|
| Field | Purvis Ranch (Wolfcamp) |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 45884 |
| Wellbores | 5 |
| Reported production | 281,550 bbl |
| First reported | March 2013 |
| Last reported | August 2026 |
| Estimated royalty value | $23K |
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.