TRIGGER
TRIGGER 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 June 2012 to August 2026, totalling 184,818 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 $4.5M, with roughly $1.0M 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 1,432 barrels a month. Its strongest month on the record we hold was June 2022, at 2,503 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 TRIGGER
- Who operates TRIGGER?
- TRIGGER is operated by Primexx Operating Corporation, Railroad Commission of Texas operator number 677852.
- Where is TRIGGER?
- TRIGGER is a Texas oil lease in Borden County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69966.
- Is TRIGGER still producing?
- TRIGGER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TRIGGER is August 2026.
- How much has TRIGGER produced?
- TRIGGER has reported 184,818 barrels of oil (bbl) to the Railroad Commission of Texas between June 2012 and August 2026, from 1 wellbore.
- How much is TRIGGER worth?
- The remaining production from TRIGGER is estimated to be worth about $4.5M in total as of 26 August 2026, within a range of $3.8M to $5.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TRIGGER is a fraction of it. The estimate fits an Arps decline curve to the production TRIGGER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TRIGGER is an estimate of value, not an offer and not an appraisal.
- How much income does TRIGGER generate in a year?
- TRIGGER is forecast to net about $1.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TRIGGER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Primexx Operating Corporation |
|---|---|
| Field | Clayton Ranch, N. (Spraberry) |
| County | Borden County, Texas |
| RRC district | 8A |
| Lease number | 69966 |
| Wellbores | 1 |
| Reported production | 184,818 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.5M |
Where TRIGGER 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.