PIG SOOIE
PIG SOOIE is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Ring Energy, Inc. It has 2 wellbores on file with the Commission. Reported production runs from March 2016 to August 2026, totalling 20,582 barrels. The lease is intermittent. 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 $293K, with roughly $56K 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 84 barrels a month, about 42 per wellbore. Its strongest month on the record we hold was December 2016, at 1,192 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 PIG SOOIE
- Who operates PIG SOOIE?
- PIG SOOIE is operated by Ring Energy, Inc., Railroad Commission of Texas operator number 712382.
- Where is PIG SOOIE?
- PIG SOOIE is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47432.
- Is PIG SOOIE still producing?
- PIG SOOIE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for PIG SOOIE is August 2026.
- How much has PIG SOOIE produced?
- PIG SOOIE has reported 20,582 barrels of oil (bbl) to the Railroad Commission of Texas between March 2016 and August 2026, from 2 wellbores.
- How much is PIG SOOIE worth?
- The remaining production from PIG SOOIE is estimated to be worth about $293K in total as of 27 August 2026, within a range of $161K to $425K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIG SOOIE is a fraction of it. The estimate fits an Arps decline curve to the production PIG SOOIE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIG SOOIE is an estimate of value, not an offer and not an appraisal.
- How much income does PIG SOOIE generate in a year?
- PIG SOOIE is forecast to net about $56K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PIG SOOIE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ring Energy, Inc. |
|---|---|
| Field | Block A-34 (San Andres) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 47432 |
| Wellbores | 2 |
| Reported production | 20,582 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $293K |
Where PIG SOOIE 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.