EAST PENWELL /SAN ANDRES/ UNIT
EAST PENWELL /SAN ANDRES/ UNIT is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Fina Oil & Chemical Company. It has 377 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 13,634,897 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 $21.9M, with roughly $6.9M 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 9,984 barrels a month, about 26 per wellbore. Its strongest month on the record we hold was July 2016, at 29,422 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 EAST PENWELL /SAN ANDRES/ UNIT
- Who operates EAST PENWELL /SAN ANDRES/ UNIT?
- EAST PENWELL /SAN ANDRES/ UNIT is operated by Fina Oil & Chemical Company, Railroad Commission of Texas operator number 268321.
- Where is EAST PENWELL /SAN ANDRES/ UNIT?
- EAST PENWELL /SAN ANDRES/ UNIT is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 21079.
- Is EAST PENWELL /SAN ANDRES/ UNIT still producing?
- EAST PENWELL /SAN ANDRES/ UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EAST PENWELL /SAN ANDRES/ UNIT is August 2026.
- How much has EAST PENWELL /SAN ANDRES/ UNIT produced?
- EAST PENWELL /SAN ANDRES/ UNIT has reported 13,634,897 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 377 wellbores.
- How much is EAST PENWELL /SAN ANDRES/ UNIT worth?
- The remaining production from EAST PENWELL /SAN ANDRES/ UNIT is estimated to be worth about $21.9M in total as of 27 August 2026, within a range of $18.2M to $25.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EAST PENWELL /SAN ANDRES/ UNIT is a fraction of it. The estimate fits an Arps decline curve to the production EAST PENWELL /SAN ANDRES/ UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EAST PENWELL /SAN ANDRES/ UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does EAST PENWELL /SAN ANDRES/ UNIT generate in a year?
- EAST PENWELL /SAN ANDRES/ UNIT is forecast to net about $6.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EAST PENWELL /SAN ANDRES/ UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fina Oil & Chemical Company |
|---|---|
| Field | Penwell |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 21079 |
| Wellbores | 377 |
| Reported production | 13,634,897 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $21.9M |
Where EAST PENWELL /SAN ANDRES/ UNIT 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.