PATTESON
PATTESON is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Forest Oil Corporation. It has 2 wellbores on file with the Commission. Reported production runs from November 2011 to August 2026, totalling 71,408 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 $603K, with roughly $116K 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 156 barrels a month, about 78 per wellbore. Its strongest month on the record we hold was October 2023, at 954 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 PATTESON
- Who operates PATTESON?
- PATTESON is operated by Forest Oil Corporation, Railroad Commission of Texas operator number 275740.
- Where is PATTESON?
- PATTESON is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16247.
- Is PATTESON still producing?
- PATTESON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PATTESON is August 2026.
- How much has PATTESON produced?
- PATTESON has reported 71,408 barrels of oil (bbl) to the Railroad Commission of Texas between November 2011 and August 2026, from 2 wellbores.
- How much is PATTESON worth?
- The remaining production from PATTESON is estimated to be worth about $603K in total as of 26 August 2026, within a range of $470K to $736K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PATTESON is a fraction of it. The estimate fits an Arps decline curve to the production PATTESON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PATTESON is an estimate of value, not an offer and not an appraisal.
- How much income does PATTESON generate in a year?
- PATTESON is forecast to net about $116K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PATTESON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Forest Oil Corporation |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 16247 |
| Wellbores | 2 |
| Reported production | 71,408 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $603K |
Where PATTESON 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.