PACE, C. T.
PACE, C. T. is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Landreth, Robert E. It has 2 wellbores on file with the Commission. Reported production runs from March 1996 to August 2026, totalling 211,595 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 $788K, with roughly $187K 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 266 barrels a month, about 133 per wellbore. Its strongest month on the record we hold was April 2024, at 468 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 PACE, C. T.
- Who operates PACE, C. T.?
- PACE, C. T. is operated by Landreth, Robert E., Railroad Commission of Texas operator number 484680.
- Where is PACE, C. T.?
- PACE, C. T. is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 67549.
- Is PACE, C. T. still producing?
- PACE, C. T. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PACE, C. T. is August 2026.
- How much has PACE, C. T. produced?
- PACE, C. T. has reported 211,595 barrels of oil (bbl) to the Railroad Commission of Texas between March 1996 and August 2026, from 2 wellbores.
- How much is PACE, C. T. worth?
- The remaining production from PACE, C. T. is estimated to be worth about $788K in total as of 27 August 2026, within a range of $614K to $961K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PACE, C. T. is a fraction of it. The estimate fits an Arps decline curve to the production PACE, C. T. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PACE, C. T. is an estimate of value, not an offer and not an appraisal.
- How much income does PACE, C. T. generate in a year?
- PACE, C. T. is forecast to net about $187K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PACE, C. T. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Landreth, Robert E. |
|---|---|
| Field | Linker (Clear Fork) |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 67549 |
| Wellbores | 2 |
| Reported production | 211,595 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $788K |
Where PACE, C. T. 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.