NM, TRACT 4B
NM, TRACT 4B is a Texas oil lease in Borden County, Railroad Commission district 8A, operated by Primexx Operating Corporation. It has 1 wellbore on file with the Commission. Reported production runs from September 2011 to August 2026, totalling 13,627 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 $109K, with roughly $21K 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 41 barrels a month. Its strongest month on the record we hold was May 2025, at 88 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 NM, TRACT 4B
- Who operates NM, TRACT 4B?
- NM, TRACT 4B is operated by Primexx Operating Corporation, Railroad Commission of Texas operator number 677852.
- Where is NM, TRACT 4B?
- NM, TRACT 4B is a Texas oil lease in Borden County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69826.
- Is NM, TRACT 4B still producing?
- NM, TRACT 4B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NM, TRACT 4B is August 2026.
- How much has NM, TRACT 4B produced?
- NM, TRACT 4B has reported 13,627 barrels of oil (bbl) to the Railroad Commission of Texas between September 2011 and August 2026, from 1 wellbore.
- How much is NM, TRACT 4B worth?
- The remaining production from NM, TRACT 4B is estimated to be worth about $109K in total as of 26 August 2026, within a range of $60K to $157K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NM, TRACT 4B is a fraction of it. The estimate fits an Arps decline curve to the production NM, TRACT 4B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NM, TRACT 4B is an estimate of value, not an offer and not an appraisal.
- How much income does NM, TRACT 4B generate in a year?
- NM, TRACT 4B is forecast to net about $21K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NM, TRACT 4B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Primexx Operating Corporation |
|---|---|
| Field | Peg'S Draw (Mississippian) |
| County | Borden County, Texas |
| RRC district | 8A |
| Lease number | 69826 |
| Wellbores | 1 |
| Reported production | 13,627 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $109K |
Where NM, TRACT 4B 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.