PLEASANT E. D.
PLEASANT E. D. is a Texas oil lease in Jefferson County, Railroad Commission district 03, operated by Milestone Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2008 to August 2026, totalling 8,772 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 $72K, with roughly $13K 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 14 barrels a month. Its strongest month on the record we hold was October 2016, at 83 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 PLEASANT E. D.
- Who operates PLEASANT E. D.?
- PLEASANT E. D. is operated by Milestone Operating, Inc., Railroad Commission of Texas operator number 567103.
- Where is PLEASANT E. D.?
- PLEASANT E. D. is a Texas oil lease in Jefferson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25169.
- Is PLEASANT E. D. still producing?
- PLEASANT E. D. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PLEASANT E. D. is August 2026.
- How much has PLEASANT E. D. produced?
- PLEASANT E. D. has reported 8,772 barrels of oil (bbl) to the Railroad Commission of Texas between May 2008 and August 2026, from 1 wellbore.
- How much is PLEASANT E. D. worth?
- The remaining production from PLEASANT E. D. is estimated to be worth about $72K in total as of 26 August 2026, within a range of $40K to $105K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PLEASANT E. D. is a fraction of it. The estimate fits an Arps decline curve to the production PLEASANT E. D. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PLEASANT E. D. is an estimate of value, not an offer and not an appraisal.
- How much income does PLEASANT E. D. generate in a year?
- PLEASANT E. D. is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PLEASANT E. D. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Milestone Operating, Inc. |
|---|---|
| Field | Lovells Lake (Marg. 7500) |
| County | Jefferson County, Texas |
| RRC district | 03 |
| Lease number | 25169 |
| Wellbores | 1 |
| Reported production | 8,772 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $72K |
Where PLEASANT E. D. 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.