MEDINA STATE UNIT 15-17
MEDINA STATE UNIT 15-17 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Primexx Operating Corporation. It has 2 wellbores on file with the Commission. Reported production runs from February 2018 to August 2026, totalling 227,510 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 $1.6M, with roughly $404K 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 484 barrels a month, about 242 per wellbore. Its strongest month on the record we hold was July 2018, at 23,780 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 MEDINA STATE UNIT 15-17
- Who operates MEDINA STATE UNIT 15-17?
- MEDINA STATE UNIT 15-17 is operated by Primexx Operating Corporation, Railroad Commission of Texas operator number 677852.
- Where is MEDINA STATE UNIT 15-17?
- MEDINA STATE UNIT 15-17 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49665.
- Is MEDINA STATE UNIT 15-17 still producing?
- MEDINA STATE UNIT 15-17 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MEDINA STATE UNIT 15-17 is August 2026.
- How much has MEDINA STATE UNIT 15-17 produced?
- MEDINA STATE UNIT 15-17 has reported 227,510 barrels of oil (bbl) to the Railroad Commission of Texas between February 2018 and August 2026, from 2 wellbores.
- How much is MEDINA STATE UNIT 15-17 worth?
- The remaining production from MEDINA STATE UNIT 15-17 is estimated to be worth about $1.6M in total as of 26 August 2026, within a range of $1.3M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MEDINA STATE UNIT 15-17 is a fraction of it. The estimate fits an Arps decline curve to the production MEDINA STATE UNIT 15-17 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MEDINA STATE UNIT 15-17 is an estimate of value, not an offer and not an appraisal.
- How much income does MEDINA STATE UNIT 15-17 generate in a year?
- MEDINA STATE UNIT 15-17 is forecast to net about $404K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MEDINA STATE UNIT 15-17 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Primexx Operating Corporation |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 49665 |
| Wellbores | 2 |
| Reported production | 227,510 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where MEDINA STATE UNIT 15-17 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.