AQUAMARINE C
AQUAMARINE C is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Penn Virginia Oil & Gas, L.P. It has 1 wellbore on file with the Commission. Reported production runs from June 2021 to August 2026, totalling 308,263 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 $5.0M, with roughly $1.4M 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 2,433 barrels a month. Its strongest month on the record we hold was July 2021, at 21,671 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 AQUAMARINE C
- Who operates AQUAMARINE C?
- AQUAMARINE C is operated by Penn Virginia Oil & Gas, L.P., Railroad Commission of Texas operator number 651780.
- Where is AQUAMARINE C?
- AQUAMARINE C is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 20497.
- Is AQUAMARINE C still producing?
- AQUAMARINE C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AQUAMARINE C is August 2026.
- How much has AQUAMARINE C produced?
- AQUAMARINE C has reported 308,263 barrels of oil (bbl) to the Railroad Commission of Texas between June 2021 and August 2026, from 1 wellbore.
- How much is AQUAMARINE C worth?
- The remaining production from AQUAMARINE C is estimated to be worth about $5.0M in total as of 27 August 2026, within a range of $4.2M to $5.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AQUAMARINE C is a fraction of it. The estimate fits an Arps decline curve to the production AQUAMARINE C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AQUAMARINE C is an estimate of value, not an offer and not an appraisal.
- How much income does AQUAMARINE C generate in a year?
- AQUAMARINE C is forecast to net about $1.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in AQUAMARINE C receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Penn Virginia Oil & Gas, L.P. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 20497 |
| Wellbores | 1 |
| Reported production | 308,263 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.0M |
Where AQUAMARINE C 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.