PERCIVAL
PERCIVAL is a Texas oil lease in Carson County, Railroad Commission district 10, operated by Fora Company. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 35,351 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 $4K, with roughly $754 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 37 barrels a month, about 7 per wellbore. Its strongest month on the record we hold was November 2020, at 182 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 PERCIVAL
- Who operates PERCIVAL?
- PERCIVAL is operated by Fora Company, Railroad Commission of Texas operator number 275400.
- Where is PERCIVAL?
- PERCIVAL is a Texas oil lease in Carson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 00097.
- Is PERCIVAL still producing?
- PERCIVAL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PERCIVAL is August 2026.
- How much has PERCIVAL produced?
- PERCIVAL has reported 35,351 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is PERCIVAL worth?
- The remaining production from PERCIVAL is estimated to be worth about $4K in total as of 26 August 2026, within a range of $2K to $6K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PERCIVAL is a fraction of it. The estimate fits an Arps decline curve to the production PERCIVAL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PERCIVAL is an estimate of value, not an offer and not an appraisal.
- How much income does PERCIVAL generate in a year?
- PERCIVAL is forecast to net about $754 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PERCIVAL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fora Company |
|---|---|
| Field | Panhandle Carson County Field |
| County | Carson County, Texas |
| RRC district | 10 |
| Lease number | 00097 |
| Wellbores | 5 |
| Reported production | 35,351 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where PERCIVAL 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.