PRITCHETT
PRITCHETT is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Newfield Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from February 2012 to August 2026, totalling 22,272 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 $240K, with roughly $46K 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 57 barrels a month. Its strongest month on the record we hold was September 2020, at 852 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 PRITCHETT
- Who operates PRITCHETT?
- PRITCHETT is operated by Newfield Exploration Company, Railroad Commission of Texas operator number 606617.
- Where is PRITCHETT?
- PRITCHETT is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16342.
- Is PRITCHETT still producing?
- PRITCHETT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRITCHETT is August 2026.
- How much has PRITCHETT produced?
- PRITCHETT has reported 22,272 barrels of oil (bbl) to the Railroad Commission of Texas between February 2012 and August 2026, from 1 wellbore.
- How much is PRITCHETT worth?
- The remaining production from PRITCHETT is estimated to be worth about $240K in total as of 27 August 2026, within a range of $132K to $348K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRITCHETT is a fraction of it. The estimate fits an Arps decline curve to the production PRITCHETT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRITCHETT is an estimate of value, not an offer and not an appraisal.
- How much income does PRITCHETT generate in a year?
- PRITCHETT is forecast to net about $46K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PRITCHETT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Newfield Exploration Company |
|---|---|
| Field | Pearsall (Austin Chalk) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 16342 |
| Wellbores | 1 |
| Reported production | 22,272 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $240K |
Where PRITCHETT 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.