PITCHFORK IIII
PITCHFORK IIII is a Texas oil lease in King County, Railroad Commission district 8A, operated by Medders Oil Company, Inc. It has 6 wellbores on file with the Commission. Reported production runs from June 2012 to August 2026, totalling 108,962 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 $696K, with roughly $158K 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 308 barrels a month, about 51 per wellbore. Its strongest month on the record we hold was June 2016, at 871 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 PITCHFORK IIII
- Who operates PITCHFORK IIII?
- PITCHFORK IIII is operated by Medders Oil Company, Inc., Railroad Commission of Texas operator number 558355.
- Where is PITCHFORK IIII?
- PITCHFORK IIII is a Texas oil lease in King County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69922.
- Is PITCHFORK IIII still producing?
- PITCHFORK IIII is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PITCHFORK IIII is August 2026.
- How much has PITCHFORK IIII produced?
- PITCHFORK IIII has reported 108,962 barrels of oil (bbl) to the Railroad Commission of Texas between June 2012 and August 2026, from 6 wellbores.
- How much is PITCHFORK IIII worth?
- The remaining production from PITCHFORK IIII is estimated to be worth about $696K in total as of 26 August 2026, within a range of $543K to $849K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PITCHFORK IIII is a fraction of it. The estimate fits an Arps decline curve to the production PITCHFORK IIII has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PITCHFORK IIII is an estimate of value, not an offer and not an appraisal.
- How much income does PITCHFORK IIII generate in a year?
- PITCHFORK IIII is forecast to net about $158K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PITCHFORK IIII 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 | 69922 |
| Wellbores | 6 |
| Reported production | 108,962 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $696K |
Where PITCHFORK IIII 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.