PARDUE
PARDUE is a Texas oil lease in Fisher County, Railroad Commission district 7B, operated by Double M Petroproperties, Inc. It has 8 wellbores on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 195,111 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 $695K, with roughly $133K 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 243 barrels a month, about 30 per wellbore. Its strongest month on the record we hold was July 2016, at 2,501 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 PARDUE
- Who operates PARDUE?
- PARDUE is operated by Double M Petroproperties, Inc., Railroad Commission of Texas operator number 224867.
- Where is PARDUE?
- PARDUE is a Texas oil lease in Fisher County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 30185.
- Is PARDUE still producing?
- PARDUE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARDUE is August 2026.
- How much has PARDUE produced?
- PARDUE has reported 195,111 barrels of oil (bbl) to the Railroad Commission of Texas between September 2008 and August 2026, from 8 wellbores.
- How much is PARDUE worth?
- The remaining production from PARDUE is estimated to be worth about $695K in total as of 27 August 2026, within a range of $542K to $848K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARDUE is a fraction of it. The estimate fits an Arps decline curve to the production PARDUE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARDUE is an estimate of value, not an offer and not an appraisal.
- How much income does PARDUE generate in a year?
- PARDUE is forecast to net about $133K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PARDUE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Double M Petroproperties, Inc. |
|---|---|
| Field | Keeler-Wimberly (Canyon SD.) |
| County | Fisher County, Texas |
| RRC district | 7B |
| Lease number | 30185 |
| Wellbores | 8 |
| Reported production | 195,111 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $695K |
Where PARDUE 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.