PITCHFORK OOO
PITCHFORK OOO is a Texas oil lease in King County, Railroad Commission district 8A, operated by Medders Oil Company, Inc. It has 5 wellbores on file with the Commission. Reported production runs from August 2002 to August 2026, totalling 388,680 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 $949K, with roughly $276K 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 466 barrels a month, about 93 per wellbore. Its strongest month on the record we hold was July 2016, at 872 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 OOO
- Who operates PITCHFORK OOO?
- PITCHFORK OOO is operated by Medders Oil Company, Inc., Railroad Commission of Texas operator number 558355.
- Where is PITCHFORK OOO?
- PITCHFORK OOO is a Texas oil lease in King County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68467.
- Is PITCHFORK OOO still producing?
- PITCHFORK OOO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PITCHFORK OOO is August 2026.
- How much has PITCHFORK OOO produced?
- PITCHFORK OOO has reported 388,680 barrels of oil (bbl) to the Railroad Commission of Texas between August 2002 and August 2026, from 5 wellbores.
- How much is PITCHFORK OOO worth?
- The remaining production from PITCHFORK OOO is estimated to be worth about $949K in total as of 26 August 2026, within a range of $741K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PITCHFORK OOO is a fraction of it. The estimate fits an Arps decline curve to the production PITCHFORK OOO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PITCHFORK OOO is an estimate of value, not an offer and not an appraisal.
- How much income does PITCHFORK OOO generate in a year?
- PITCHFORK OOO is forecast to net about $276K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PITCHFORK OOO 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 | 68467 |
| Wellbores | 5 |
| Reported production | 388,680 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $949K |
Where PITCHFORK OOO 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.