GEMINI 12-1
GEMINI 12-1 is a Texas oil lease in Dawson County, Railroad Commission district 08, operated by Pinon Operating, Llc. It has 2 wellbores on file with the Commission. Reported production runs from July 2022 to August 2026, totalling 758,520 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 $468K, with roughly $110K expected over the next twelve months.
| Operator | Pinon Operating, Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Dawson County, Texas |
| RRC district | 08 |
| Lease number | 59929 |
| Wellbores | 2 |
| Reported production | 758,520 bbl |
| First reported | July 2022 |
| Last reported | August 2026 |
| Estimated royalty value | $468K |
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.