CITY OF PECOS 15 -16

CITY OF PECOS 15 -16 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Noble Energy Inc. It has 2 wellbores on file with the Commission. Reported production runs from February 2020 to August 2026, totalling 44,184 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 $3.1M, with roughly $675K 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 844 barrels a month, about 422 per wellbore. Its strongest month on the record we hold was October 2022, at 1,946 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 CITY OF PECOS 15 -16

Who operates CITY OF PECOS 15 -16?: CITY OF PECOS 15 -16 is operated by Noble Energy Inc, Railroad Commission of Texas operator number 611665.
Where is CITY OF PECOS 15 -16?: CITY OF PECOS 15 -16 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55379.
Is CITY OF PECOS 15 -16 still producing?: CITY OF PECOS 15 -16 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CITY OF PECOS 15 -16 is August 2026.
How much has CITY OF PECOS 15 -16 produced?: CITY OF PECOS 15 -16 has reported 44,184 barrels of oil (bbl) to the Railroad Commission of Texas between February 2020 and August 2026, from 2 wellbores.
How much is CITY OF PECOS 15 -16 worth?: The remaining production from CITY OF PECOS 15 -16 is estimated to be worth about $3.1M in total as of 27 August 2026, within a range of $2.4M to $3.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CITY OF PECOS 15 -16 is a fraction of it. The estimate fits an Arps decline curve to the production CITY OF PECOS 15 -16 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CITY OF PECOS 15 -16 is an estimate of value, not an offer and not an appraisal.
How much income does CITY OF PECOS 15 -16 generate in a year?: CITY OF PECOS 15 -16 is forecast to net about $675K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CITY OF PECOS 15 -16 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CITY OF PECOS 15 -16 as filed with the Railroad Commission of Texas
Operator	Noble Energy Inc
Field	Phantom (Wolfcamp)
County	Reeves County, Texas
RRC district	08
Lease number	55379
Wellbores	2
Reported production	44,184 bbl
First reported	February 2020
Last reported	August 2026
Estimated royalty value	$3.1M

Where CITY OF PECOS 15 -16 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.