PETERS A 1703
PETERS A 1703 is a Texas oil lease in Duval County, Railroad Commission district 04, operated by Rattlesnake Operating Co, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2022 to August 2026, totalling 2,460 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 $105K, with roughly $20K 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 35 barrels a month. Its strongest month on the record we hold was May 2024, at 168 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 PETERS A 1703
- Who operates PETERS A 1703?
- PETERS A 1703 is operated by Rattlesnake Operating Co, LLC, Railroad Commission of Texas operator number 694746.
- Where is PETERS A 1703?
- PETERS A 1703 is a Texas oil lease in Duval County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 14190.
- Is PETERS A 1703 still producing?
- PETERS A 1703 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PETERS A 1703 is August 2026.
- How much has PETERS A 1703 produced?
- PETERS A 1703 has reported 2,460 barrels of oil (bbl) to the Railroad Commission of Texas between July 2022 and August 2026, from 1 wellbore.
- How much is PETERS A 1703 worth?
- The remaining production from PETERS A 1703 is estimated to be worth about $105K in total as of 27 August 2026, within a range of $58K to $152K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PETERS A 1703 is a fraction of it. The estimate fits an Arps decline curve to the production PETERS A 1703 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PETERS A 1703 is an estimate of value, not an offer and not an appraisal.
- How much income does PETERS A 1703 generate in a year?
- PETERS A 1703 is forecast to net about $20K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PETERS A 1703 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rattlesnake Operating Co, LLC |
|---|---|
| Field | Peters, West (Cole, Up) |
| County | Duval County, Texas |
| RRC district | 04 |
| Lease number | 14190 |
| Wellbores | 1 |
| Reported production | 2,460 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $105K |
Where PETERS A 1703 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.