PETERS ESTATE
PETERS ESTATE is a Texas oil lease in Duval County, Railroad Commission district 04, operated by Waters Eng. & Operating, Inc. It has 4 wellbores on file with the Commission. Reported production runs from April 1994 to August 2026, totalling 50,387 barrels. The lease is intermittent. 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 $14K, with roughly $3K 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 2 barrels a month. Its strongest month on the record we hold was July 2017, at 189 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 ESTATE
- Who operates PETERS ESTATE?
- PETERS ESTATE is operated by Waters Eng. & Operating, Inc., Railroad Commission of Texas operator number 900353.
- Where is PETERS ESTATE?
- PETERS ESTATE is a Texas oil lease in Duval County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 12352.
- Is PETERS ESTATE still producing?
- PETERS ESTATE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for PETERS ESTATE is August 2026.
- How much has PETERS ESTATE produced?
- PETERS ESTATE has reported 50,387 barrels of oil (bbl) to the Railroad Commission of Texas between April 1994 and August 2026, from 4 wellbores.
- How much is PETERS ESTATE worth?
- The remaining production from PETERS ESTATE is estimated to be worth about $14K in total as of 26 August 2026, within a range of $0 to $29K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PETERS ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production PETERS ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PETERS ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does PETERS ESTATE generate in a year?
- PETERS ESTATE is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PETERS ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Waters Eng. & Operating, Inc. |
|---|---|
| Field | Rancho Solo |
| County | Duval County, Texas |
| RRC district | 04 |
| Lease number | 12352 |
| Wellbores | 4 |
| Reported production | 50,387 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $14K |
Where PETERS ESTATE 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.