SAN PEDRO RANCH A
SAN PEDRO RANCH A is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Grit Oil & Gas Management, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2023 to August 2026, totalling 91,823 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 $1.3M, with roughly $400K 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 467 barrels a month. Its strongest month on the record we hold was September 2023, at 17,564 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 SAN PEDRO RANCH A
- Who operates SAN PEDRO RANCH A?
- SAN PEDRO RANCH A is operated by Grit Oil & Gas Management, LLC, Railroad Commission of Texas operator number 334912.
- Where is SAN PEDRO RANCH A?
- SAN PEDRO RANCH A is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21203.
- Is SAN PEDRO RANCH A still producing?
- SAN PEDRO RANCH A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SAN PEDRO RANCH A is August 2026.
- How much has SAN PEDRO RANCH A produced?
- SAN PEDRO RANCH A has reported 91,823 barrels of oil (bbl) to the Railroad Commission of Texas between August 2023 and August 2026, from 1 wellbore.
- How much is SAN PEDRO RANCH A worth?
- The remaining production from SAN PEDRO RANCH A is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $1.0M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SAN PEDRO RANCH A is a fraction of it. The estimate fits an Arps decline curve to the production SAN PEDRO RANCH A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SAN PEDRO RANCH A is an estimate of value, not an offer and not an appraisal.
- How much income does SAN PEDRO RANCH A generate in a year?
- SAN PEDRO RANCH A is forecast to net about $400K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SAN PEDRO RANCH A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Grit Oil & Gas Management, LLC |
|---|---|
| Field | Hugh Fitzsimmons (San Miguel) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 21203 |
| Wellbores | 1 |
| Reported production | 91,823 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where SAN PEDRO RANCH A 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.