PITMAN UNIT B DIM
PITMAN UNIT B 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 September 2012 to August 2026, totalling 133,398 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 $1.0M, with roughly $181K 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 193 barrels a month. Its strongest month on the record we hold was May 2016, at 751 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 B DIM
- Who operates PITMAN UNIT B DIM?
- PITMAN UNIT B DIM is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is PITMAN UNIT B DIM?
- PITMAN UNIT B DIM is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16489.
- Is PITMAN UNIT B DIM still producing?
- PITMAN UNIT B DIM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PITMAN UNIT B DIM is August 2026.
- How much has PITMAN UNIT B DIM produced?
- PITMAN UNIT B DIM has reported 133,398 barrels of oil (bbl) to the Railroad Commission of Texas between September 2012 and August 2026, from 1 wellbore.
- How much is PITMAN UNIT B DIM worth?
- The remaining production from PITMAN UNIT B DIM is estimated to be worth about $1.0M in total as of 27 August 2026, within a range of $782K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PITMAN UNIT B DIM is a fraction of it. The estimate fits an Arps decline curve to the production PITMAN UNIT B 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 B DIM is an estimate of value, not an offer and not an appraisal.
- How much income does PITMAN UNIT B DIM generate in a year?
- PITMAN UNIT B DIM is forecast to net about $181K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PITMAN UNIT B 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 | 16489 |
| Wellbores | 1 |
| Reported production | 133,398 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where PITMAN UNIT B 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.