P & C RANCH
P & C RANCH is a Texas gas lease in Ector County, Railroad Commission district 08, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from July 1996 to August 2026, totalling 425,013 thousand cubic feet. 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 $889, with roughly $112 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 4 thousand cubic feet a month. Its strongest month on the record we hold was April 2024, at 698 thousand cubic feet. 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 P & C RANCH
- Who operates P & C RANCH?
- P & C RANCH is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is P & C RANCH?
- P & C RANCH is a Texas gas lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 160118.
- Is P & C RANCH still producing?
- P & C RANCH is intermittent. The most recent month of production reported to the Railroad Commission of Texas for P & C RANCH is August 2026.
- How much has P & C RANCH produced?
- P & C RANCH has reported 425,013 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 1996 and August 2026, from 1 wellbore.
- How much is P & C RANCH worth?
- The remaining production from P & C RANCH is estimated to be worth about $889 in total as of 26 August 2026, within a range of $0 to $2K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in P & C RANCH is a fraction of it. The estimate fits an Arps decline curve to the production P & C RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for P & C RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does P & C RANCH generate in a year?
- P & C RANCH is forecast to net about $112 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in P & C RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Penwell (Queen) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 160118 |
| Wellbores | 1 |
| Reported production | 425,013 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $889 |
Where P & C RANCH 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.