PUTNAM THE PIO 32
PUTNAM THE PIO 32 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Birch Operations, Inc. It has 8 wellbores on file with the Commission. Reported production runs from August 2023 to August 2026, totalling 1,057,458 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 $942K, with roughly $243K expected over the next twelve months.
| Operator | Birch Operations, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 60451 |
| Wellbores | 8 |
| Reported production | 1,057,458 bbl |
| First reported | August 2023 |
| Last reported | August 2026 |
| Estimated royalty value | $942K |
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.