PROVISION UNIT
PROVISION UNIT is a Texas oil lease in Fisher County, Railroad Commission district 7B, operated by Peregrine Petroleum Prtnr, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from March 2022 to August 2026, totalling 147,115 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 $2.5M, with roughly $717K 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 921 barrels a month. Its strongest month on the record we hold was April 2022, at 10,472 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 PROVISION UNIT
- Who operates PROVISION UNIT?
- PROVISION UNIT is operated by Peregrine Petroleum Prtnr, Ltd., Railroad Commission of Texas operator number 653271.
- Where is PROVISION UNIT?
- PROVISION UNIT is a Texas oil lease in Fisher County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32571.
- Is PROVISION UNIT still producing?
- PROVISION UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PROVISION UNIT is August 2026.
- How much has PROVISION UNIT produced?
- PROVISION UNIT has reported 147,115 barrels of oil (bbl) to the Railroad Commission of Texas between March 2022 and August 2026, from 1 wellbore.
- How much is PROVISION UNIT worth?
- The remaining production from PROVISION UNIT is estimated to be worth about $2.5M in total as of 26 August 2026, within a range of $2.0M to $3.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PROVISION UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PROVISION UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PROVISION UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PROVISION UNIT generate in a year?
- PROVISION UNIT is forecast to net about $717K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PROVISION UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Peregrine Petroleum Prtnr, Ltd. |
|---|---|
| Field | Sylvester, East (Strawn) |
| County | Fisher County, Texas |
| RRC district | 7B |
| Lease number | 32571 |
| Wellbores | 1 |
| Reported production | 147,115 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.5M |
Where PROVISION 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.