GARNET STATE
GARNET STATE is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Pearl Resources Operating Co.Llc. It has 4 wellbores on file with the Commission. Reported production runs from June 2017 to August 2026, totalling 5,830 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 $682, with roughly $130 expected over the next twelve months.
| Operator | Pearl Resources Operating Co.Llc |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 48966 |
| Wellbores | 4 |
| Reported production | 5,830 bbl |
| First reported | June 2017 |
| Last reported | August 2026 |
| Estimated royalty value | $682 |
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.