PAINE, ROBERT G.
PAINE, ROBERT G. is a Texas oil lease in Austin County, Railroad Commission district 03, operated by Exxon Corp. It has 27 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 819,912 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 $543K, with roughly $206K 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 341 barrels a month, about 13 per wellbore. Its strongest month on the record we hold was July 2018, at 4,674 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 PAINE, ROBERT G.
- Who operates PAINE, ROBERT G.?
- PAINE, ROBERT G. is operated by Exxon Corp., Railroad Commission of Texas operator number 257097.
- Where is PAINE, ROBERT G.?
- PAINE, ROBERT G. is a Texas oil lease in Austin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 10020.
- Is PAINE, ROBERT G. still producing?
- PAINE, ROBERT G. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PAINE, ROBERT G. is August 2026.
- How much has PAINE, ROBERT G. produced?
- PAINE, ROBERT G. has reported 819,912 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 27 wellbores.
- How much is PAINE, ROBERT G. worth?
- The remaining production from PAINE, ROBERT G. is estimated to be worth about $543K in total as of 27 August 2026, within a range of $423K to $662K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PAINE, ROBERT G. is a fraction of it. The estimate fits an Arps decline curve to the production PAINE, ROBERT G. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PAINE, ROBERT G. is an estimate of value, not an offer and not an appraisal.
- How much income does PAINE, ROBERT G. generate in a year?
- PAINE, ROBERT G. is forecast to net about $206K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PAINE, ROBERT G. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exxon Corp. |
|---|---|
| Field | Raccoon Bend (Cockfield Lower) |
| County | Austin County, Texas |
| RRC district | 03 |
| Lease number | 10020 |
| Wellbores | 27 |
| Reported production | 819,912 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $543K |
Where PAINE, ROBERT G. 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.