PANTHER EAST UNIT

PANTHER EAST UNIT is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Callon Petroleum Operating Co. It has 7 wellbores on file with the Commission. Reported production runs from April 2019 to August 2026, totalling 1,382,213 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 $16.5M, with roughly $9.5M 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 27,376 barrels a month, about 3,911 per wellbore. Its strongest month on the record we hold was September 2024, at 110,274 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 PANTHER EAST UNIT

Who operates PANTHER EAST UNIT?
PANTHER EAST UNIT is operated by Callon Petroleum Operating Co, Railroad Commission of Texas operator number 124828.
Where is PANTHER EAST UNIT?
PANTHER EAST UNIT is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52619.
Is PANTHER EAST UNIT still producing?
PANTHER EAST UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PANTHER EAST UNIT is August 2026.
How much has PANTHER EAST UNIT produced?
PANTHER EAST UNIT has reported 1,382,213 barrels of oil (bbl) to the Railroad Commission of Texas between April 2019 and August 2026, from 7 wellbores.
How much is PANTHER EAST UNIT worth?
The remaining production from PANTHER EAST UNIT is estimated to be worth about $16.5M in total as of 26 August 2026, within a range of $13.5M to $19.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PANTHER EAST UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PANTHER EAST UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PANTHER EAST UNIT is an estimate of value, not an offer and not an appraisal.
How much income does PANTHER EAST UNIT generate in a year?
PANTHER EAST UNIT is forecast to net about $9.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PANTHER EAST UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

PANTHER EAST UNIT as filed with the Railroad Commission of Texas
OperatorCallon Petroleum Operating Co
FieldSpraberry (Trend Area)
CountyHoward County, Texas
RRC district08
Lease number52619
Wellbores7
Reported production1,382,213 bbl
First reported
Last reported
Estimated royalty value$16.5M

Where PANTHER EAST UNIT 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.