PATMAN
PATMAN is a Texas oil lease in Jackson County, Railroad Commission district 02, operated by Sanchez Oil & Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from September 2016 to August 2026, totalling 51,095 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 $349K, with roughly $67K 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 101 barrels a month. Its strongest month on the record we hold was September 2016, at 1,788 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 PATMAN
- Who operates PATMAN?
- PATMAN is operated by Sanchez Oil & Gas Corporation, Railroad Commission of Texas operator number 747012.
- Where is PATMAN?
- PATMAN is a Texas oil lease in Jackson County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11376.
- Is PATMAN still producing?
- PATMAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PATMAN is August 2026.
- How much has PATMAN produced?
- PATMAN has reported 51,095 barrels of oil (bbl) to the Railroad Commission of Texas between September 2016 and August 2026, from 1 wellbore.
- How much is PATMAN worth?
- The remaining production from PATMAN is estimated to be worth about $349K in total as of 27 August 2026, within a range of $272K to $425K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PATMAN is a fraction of it. The estimate fits an Arps decline curve to the production PATMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PATMAN is an estimate of value, not an offer and not an appraisal.
- How much income does PATMAN generate in a year?
- PATMAN is forecast to net about $67K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PATMAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sanchez Oil & Gas Corporation |
|---|---|
| Field | Mauritz, West (6550) |
| County | Jackson County, Texas |
| RRC district | 02 |
| Lease number | 11376 |
| Wellbores | 1 |
| Reported production | 51,095 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $349K |
Where PATMAN 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.