PAINE-THOMPSON OU #1

PAINE-THOMPSON OU #1 is a Texas oil lease in Austin County, Railroad Commission district 03, operated by Enhanced Energy Partners Corp. It has 1 wellbore on file with the Commission. Reported production runs from September 2016 to August 2026, totalling 1,964 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 $5K, with roughly $1K 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 barrels a month. Its strongest month on the record we hold was October 2016, at 656 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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-THOMPSON OU #1

Who operates PAINE-THOMPSON OU #1?
PAINE-THOMPSON OU #1 is operated by Enhanced Energy Partners Corp, Railroad Commission of Texas operator number 252470.
Where is PAINE-THOMPSON OU #1?
PAINE-THOMPSON OU #1 is a Texas oil lease in Austin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27233.
Is PAINE-THOMPSON OU #1 still producing?
PAINE-THOMPSON OU #1 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for PAINE-THOMPSON OU #1 is August 2026.
How much has PAINE-THOMPSON OU #1 produced?
PAINE-THOMPSON OU #1 has reported 1,964 barrels of oil (bbl) to the Railroad Commission of Texas between September 2016 and August 2026, from 1 wellbore.
How much is PAINE-THOMPSON OU #1 worth?
The remaining production from PAINE-THOMPSON OU #1 is estimated to be worth about $5K in total as of 26 August 2026, within a range of $0 to $10K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PAINE-THOMPSON OU #1 is a fraction of it. The estimate fits an Arps decline curve to the production PAINE-THOMPSON OU #1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PAINE-THOMPSON OU #1 is an estimate of value, not an offer and not an appraisal.
How much income does PAINE-THOMPSON OU #1 generate in a year?
PAINE-THOMPSON OU #1 is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PAINE-THOMPSON OU #1 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

PAINE-THOMPSON OU #1 as filed with the Railroad Commission of Texas
OperatorEnhanced Energy Partners Corp
FieldRaccoon Bend (Cockfield Lower)
CountyAustin County, Texas
RRC district03
Lease number27233
Wellbores1
Reported production1,964 bbl
First reported
Last reported
Estimated royalty value$5K

Where PAINE-THOMPSON OU #1 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.