PAMELA
PAMELA is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Rio Petroleum, Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 9,806 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 $114K, with roughly $18K 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 10 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was March 2024, at 45 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 PAMELA
- Who operates PAMELA?
- PAMELA is operated by Rio Petroleum, Inc., Railroad Commission of Texas operator number 712840.
- Where is PAMELA?
- PAMELA is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 04683.
- Is PAMELA still producing?
- PAMELA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PAMELA is August 2026.
- How much has PAMELA produced?
- PAMELA has reported 9,806 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is PAMELA worth?
- The remaining production from PAMELA is estimated to be worth about $114K in total as of 26 August 2026, within a range of $63K to $166K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PAMELA is a fraction of it. The estimate fits an Arps decline curve to the production PAMELA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PAMELA is an estimate of value, not an offer and not an appraisal.
- How much income does PAMELA generate in a year?
- PAMELA is forecast to net about $18K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PAMELA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rio Petroleum, Inc. |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 04683 |
| Wellbores | 4 |
| Reported production | 9,806 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $114K |
Where PAMELA 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.