PITCHFORK BALT WATERFLOOD UNIT
PITCHFORK BALT WATERFLOOD UNIT is a Texas oil lease in King County, Railroad Commission district 8A, operated by Medders Oil Company, Inc. It has 30 wellbores on file with the Commission. Reported production runs from July 2011 to August 2026, totalling 1,541,836 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 $6.7M, with roughly $1.9M 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 3,152 barrels a month, about 105 per wellbore. Its strongest month on the record we hold was January 2018, at 17,836 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 PITCHFORK BALT WATERFLOOD UNIT
- Who operates PITCHFORK BALT WATERFLOOD UNIT?
- PITCHFORK BALT WATERFLOOD UNIT is operated by Medders Oil Company, Inc., Railroad Commission of Texas operator number 558355.
- Where is PITCHFORK BALT WATERFLOOD UNIT?
- PITCHFORK BALT WATERFLOOD UNIT is a Texas oil lease in King County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69680.
- Is PITCHFORK BALT WATERFLOOD UNIT still producing?
- PITCHFORK BALT WATERFLOOD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PITCHFORK BALT WATERFLOOD UNIT is August 2026.
- How much has PITCHFORK BALT WATERFLOOD UNIT produced?
- PITCHFORK BALT WATERFLOOD UNIT has reported 1,541,836 barrels of oil (bbl) to the Railroad Commission of Texas between July 2011 and August 2026, from 30 wellbores.
- How much is PITCHFORK BALT WATERFLOOD UNIT worth?
- The remaining production from PITCHFORK BALT WATERFLOOD UNIT is estimated to be worth about $6.7M in total as of 26 August 2026, within a range of $5.6M to $7.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PITCHFORK BALT WATERFLOOD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PITCHFORK BALT WATERFLOOD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PITCHFORK BALT WATERFLOOD UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PITCHFORK BALT WATERFLOOD UNIT generate in a year?
- PITCHFORK BALT WATERFLOOD UNIT is forecast to net about $1.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PITCHFORK BALT WATERFLOOD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Medders Oil Company, Inc. |
|---|---|
| Field | Balt (Tannehill) |
| County | King County, Texas |
| RRC district | 8A |
| Lease number | 69680 |
| Wellbores | 30 |
| Reported production | 1,541,836 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.7M |
Where PITCHFORK BALT WATERFLOOD UNIT 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.