PETTIT, EDWARD YORK ET AL UNIT
PETTIT, EDWARD YORK ET AL UNIT is a Texas oil lease in Bexar County, Railroad Commission district 01, operated by CG Oil Co. It has 12 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 4,157 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 $44K, with roughly $9K 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 12 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was October 2021, at 110 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 PETTIT, EDWARD YORK ET AL UNIT
- Who operates PETTIT, EDWARD YORK ET AL UNIT?
- PETTIT, EDWARD YORK ET AL UNIT is operated by CG Oil Co., Railroad Commission of Texas operator number 120098.
- Where is PETTIT, EDWARD YORK ET AL UNIT?
- PETTIT, EDWARD YORK ET AL UNIT is a Texas oil lease in Bexar County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 08945.
- Is PETTIT, EDWARD YORK ET AL UNIT still producing?
- PETTIT, EDWARD YORK ET AL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PETTIT, EDWARD YORK ET AL UNIT is August 2026.
- How much has PETTIT, EDWARD YORK ET AL UNIT produced?
- PETTIT, EDWARD YORK ET AL UNIT has reported 4,157 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 12 wellbores.
- How much is PETTIT, EDWARD YORK ET AL UNIT worth?
- The remaining production from PETTIT, EDWARD YORK ET AL UNIT is estimated to be worth about $44K in total as of 27 August 2026, within a range of $24K to $64K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PETTIT, EDWARD YORK ET AL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PETTIT, EDWARD YORK ET AL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PETTIT, EDWARD YORK ET AL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PETTIT, EDWARD YORK ET AL UNIT generate in a year?
- PETTIT, EDWARD YORK ET AL UNIT is forecast to net about $9K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PETTIT, EDWARD YORK ET AL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | CG Oil Co. |
|---|---|
| Field | Fairfield |
| County | Bexar County, Texas |
| RRC district | 01 |
| Lease number | 08945 |
| Wellbores | 12 |
| Reported production | 4,157 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $44K |
Where PETTIT, EDWARD YORK ET AL UNIT 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.