PECOS SN 43-31 04
PECOS SN 43-31 04 is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Energen Resources Corporation. It has 2 wellbores on file with the Commission. Reported production runs from May 2017 to August 2026, totalling 296,318 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 $1.3M, with roughly $596K 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 1,310 barrels a month, about 655 per wellbore. Its strongest month on the record we hold was June 2017, at 35,226 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 PECOS SN 43-31 04
- Who operates PECOS SN 43-31 04?
- PECOS SN 43-31 04 is operated by Energen Resources Corporation, Railroad Commission of Texas operator number 252002.
- Where is PECOS SN 43-31 04?
- PECOS SN 43-31 04 is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48958.
- Is PECOS SN 43-31 04 still producing?
- PECOS SN 43-31 04 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PECOS SN 43-31 04 is August 2026.
- How much has PECOS SN 43-31 04 produced?
- PECOS SN 43-31 04 has reported 296,318 barrels of oil (bbl) to the Railroad Commission of Texas between May 2017 and August 2026, from 2 wellbores.
- How much is PECOS SN 43-31 04 worth?
- The remaining production from PECOS SN 43-31 04 is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.0M to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PECOS SN 43-31 04 is a fraction of it. The estimate fits an Arps decline curve to the production PECOS SN 43-31 04 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PECOS SN 43-31 04 is an estimate of value, not an offer and not an appraisal.
- How much income does PECOS SN 43-31 04 generate in a year?
- PECOS SN 43-31 04 is forecast to net about $596K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PECOS SN 43-31 04 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Energen Resources Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 48958 |
| Wellbores | 2 |
| Reported production | 296,318 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where PECOS SN 43-31 04 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.