PURVIS

PURVIS is a Texas oil lease in Bexar County, Railroad Commission district 01, operated by CG Oil Co. It has 9 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 16,124 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 $143K, with roughly $28K 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 34 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was July 2019, at 90 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 PURVIS

Who operates PURVIS?
PURVIS is operated by CG Oil Co., Railroad Commission of Texas operator number 120098.
Where is PURVIS?
PURVIS is a Texas oil lease in Bexar County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 10489.
Is PURVIS still producing?
PURVIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PURVIS is August 2026.
How much has PURVIS produced?
PURVIS has reported 16,124 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 9 wellbores.
How much is PURVIS worth?
The remaining production from PURVIS is estimated to be worth about $143K in total as of 26 August 2026, within a range of $79K to $207K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PURVIS is a fraction of it. The estimate fits an Arps decline curve to the production PURVIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PURVIS is an estimate of value, not an offer and not an appraisal.
How much income does PURVIS generate in a year?
PURVIS is forecast to net about $28K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PURVIS receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

PURVIS as filed with the Railroad Commission of Texas
OperatorCG Oil Co.
FieldFairfield
CountyBexar County, Texas
RRC district01
Lease number10489
Wellbores9
Reported production16,124 bbl
First reported
Last reported
Estimated royalty value$143K

Where PURVIS 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.