PEC
PEC is a Texas oil lease in Clay County, Railroad Commission district 09, operated by Dym Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2014 to August 2026, totalling 9,509 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 $272K, with roughly $52K 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 74 barrels a month. Its strongest month on the record we hold was March 2024, at 154 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 PEC
- Who operates PEC?
- PEC is operated by Dym Energy, Inc., Railroad Commission of Texas operator number 237903.
- Where is PEC?
- PEC is a Texas oil lease in Clay County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33073.
- Is PEC still producing?
- PEC is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEC is August 2026.
- How much has PEC produced?
- PEC has reported 9,509 barrels of oil (bbl) to the Railroad Commission of Texas between October 2014 and August 2026, from 1 wellbore.
- How much is PEC worth?
- The remaining production from PEC is estimated to be worth about $272K in total as of 26 August 2026, within a range of $149K to $394K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEC is a fraction of it. The estimate fits an Arps decline curve to the production PEC has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEC is an estimate of value, not an offer and not an appraisal.
- How much income does PEC generate in a year?
- PEC is forecast to net about $52K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PEC receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Dym Energy, Inc. |
|---|---|
| Field | Joy, Northeast (Ellenburger) |
| County | Clay County, Texas |
| RRC district | 09 |
| Lease number | 33073 |
| Wellbores | 1 |
| Reported production | 9,509 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $272K |
Where PEC 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.