PECAN ACRES 22A3
PECAN ACRES 22A3 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Callon Petroleum Operating Co. It has 2 wellbores on file with the Commission. Reported production runs from June 2016 to August 2026, totalling 367,533 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 $2.2M, with roughly $758K 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 998 barrels a month, about 499 per wellbore. Its strongest month on the record we hold was April 2017, at 20,775 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 PECAN ACRES 22A3
- Who operates PECAN ACRES 22A3?
- PECAN ACRES 22A3 is operated by Callon Petroleum Operating Co, Railroad Commission of Texas operator number 124828.
- Where is PECAN ACRES 22A3?
- PECAN ACRES 22A3 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47979.
- Is PECAN ACRES 22A3 still producing?
- PECAN ACRES 22A3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PECAN ACRES 22A3 is August 2026.
- How much has PECAN ACRES 22A3 produced?
- PECAN ACRES 22A3 has reported 367,533 barrels of oil (bbl) to the Railroad Commission of Texas between June 2016 and August 2026, from 2 wellbores.
- How much is PECAN ACRES 22A3 worth?
- The remaining production from PECAN ACRES 22A3 is estimated to be worth about $2.2M in total as of 26 August 2026, within a range of $1.7M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PECAN ACRES 22A3 is a fraction of it. The estimate fits an Arps decline curve to the production PECAN ACRES 22A3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PECAN ACRES 22A3 is an estimate of value, not an offer and not an appraisal.
- How much income does PECAN ACRES 22A3 generate in a year?
- PECAN ACRES 22A3 is forecast to net about $758K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PECAN ACRES 22A3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Callon Petroleum Operating Co |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 47979 |
| Wellbores | 2 |
| Reported production | 367,533 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where PECAN ACRES 22A3 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.