PETTUS

PETTUS is a Texas oil lease in Young County, Railroad Commission district 09, operated by Kornye-Tillman Company. It has 1 wellbore on file with the Commission. Reported production runs from July 2024 to August 2026, totalling 11,527 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 $22K, with roughly $4K expected over the next twelve months.

OperatorKornye-Tillman Company
FieldTg (Strawn)
CountyYoung County, Texas
RRC district09
Lease number34304
Wellbores1
Reported production11,527 bbl
First reportedJuly 2024
Last reportedAugust 2026
Estimated royalty value$22K

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.