DOUBLE M
DOUBLE M is a Texas oil lease in Fisher County, Railroad Commission district 08, operated by Peregrine Petroleum Prtnr, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from April 2022 to August 2026, totalling 53,148 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 $921K, with roughly $345K 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 495 barrels a month. Its strongest month on the record we hold was July 2022, at 3,557 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 DOUBLE M
- Who operates DOUBLE M?
- DOUBLE M is operated by Peregrine Petroleum Prtnr, Ltd., Railroad Commission of Texas operator number 653271.
- Where is DOUBLE M?
- DOUBLE M is a Texas oil lease in Fisher County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 57614.
- Is DOUBLE M still producing?
- DOUBLE M is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DOUBLE M is August 2026.
- How much has DOUBLE M produced?
- DOUBLE M has reported 53,148 barrels of oil (bbl) to the Railroad Commission of Texas between April 2022 and August 2026, from 1 wellbore.
- How much is DOUBLE M worth?
- The remaining production from DOUBLE M is estimated to be worth about $921K in total as of 26 August 2026, within a range of $719K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DOUBLE M is a fraction of it. The estimate fits an Arps decline curve to the production DOUBLE M has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DOUBLE M is an estimate of value, not an offer and not an appraisal.
- How much income does DOUBLE M generate in a year?
- DOUBLE M is forecast to net about $345K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DOUBLE M receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Peregrine Petroleum Prtnr, Ltd. |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Fisher County, Texas |
| RRC district | 08 |
| Lease number | 57614 |
| Wellbores | 1 |
| Reported production | 53,148 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $921K |
Where DOUBLE M 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.