PECAN STATE UNIT
PECAN STATE UNIT is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Parsley Energy Operations, Llc. It has 42 wellbores on file with the Commission. Reported production runs from November 2015 to August 2026, totalling 13,702,905 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 $6.6M, with roughly $1.7M expected over the next twelve months.
| Operator | Parsley Energy Operations, Llc |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 47292 |
| Wellbores | 42 |
| Reported production | 13,702,905 bbl |
| First reported | November 2015 |
| Last reported | August 2026 |
| Estimated royalty value | $6.6M |
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.