PITMAN UNIT A DIM
PITMAN UNIT A DIM is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2012 to August 2026, totalling 106,166 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 $800K, with roughly $143K 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 204 barrels a month. Its strongest month on the record we hold was May 2016, at 952 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 PITMAN UNIT A DIM
- Who operates PITMAN UNIT A DIM?
- PITMAN UNIT A DIM is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is PITMAN UNIT A DIM?
- PITMAN UNIT A DIM is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16417.
- Is PITMAN UNIT A DIM still producing?
- PITMAN UNIT A DIM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PITMAN UNIT A DIM is August 2026.
- How much has PITMAN UNIT A DIM produced?
- PITMAN UNIT A DIM has reported 106,166 barrels of oil (bbl) to the Railroad Commission of Texas between November 2012 and August 2026, from 1 wellbore.
- How much is PITMAN UNIT A DIM worth?
- The remaining production from PITMAN UNIT A DIM is estimated to be worth about $800K in total as of 26 August 2026, within a range of $624K to $976K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PITMAN UNIT A DIM is a fraction of it. The estimate fits an Arps decline curve to the production PITMAN UNIT A DIM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PITMAN UNIT A DIM is an estimate of value, not an offer and not an appraisal.
- How much income does PITMAN UNIT A DIM generate in a year?
- PITMAN UNIT A DIM is forecast to net about $143K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PITMAN UNIT A DIM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 16417 |
| Wellbores | 1 |
| Reported production | 106,166 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $800K |
Where PITMAN UNIT A DIM 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.