SNOE
SNOE is a Texas oil lease in Burleson County, Railroad Commission district 05, operated by Pmo. It has 1 wellbore on file with the Commission. Reported production runs from May 2014 to August 2026, totalling 232,362 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 $1.4M, with roughly $310K 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 417 barrels a month. Its strongest month on the record we hold was November 2016, at 2,527 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 SNOE
- Who operates SNOE?
- SNOE is operated by Pmo, Railroad Commission of Texas operator number 668494.
- Where is SNOE?
- SNOE is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 04098.
- Is SNOE still producing?
- SNOE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SNOE is August 2026.
- How much has SNOE produced?
- SNOE has reported 232,362 barrels of oil (bbl) to the Railroad Commission of Texas between May 2014 and August 2026, from 1 wellbore.
- How much is SNOE worth?
- The remaining production from SNOE is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SNOE is a fraction of it. The estimate fits an Arps decline curve to the production SNOE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SNOE is an estimate of value, not an offer and not an appraisal.
- How much income does SNOE generate in a year?
- SNOE is forecast to net about $310K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SNOE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pmo |
|---|---|
| Field | Aguila Vado (Eagleford) |
| County | Burleson County, Texas |
| RRC district | 05 |
| Lease number | 04098 |
| Wellbores | 1 |
| Reported production | 232,362 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where SNOE 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.