PEERY
PEERY is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 9 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 74,423 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 $2.0M, with roughly $287K 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 120 barrels a month, about 13 per wellbore. Its strongest month on the record we hold was November 2021, at 372 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 PEERY
- Who operates PEERY?
- PEERY is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is PEERY?
- PEERY is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 04432.
- Is PEERY still producing?
- PEERY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEERY is August 2026.
- How much has PEERY produced?
- PEERY has reported 74,423 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 9 wellbores.
- How much is PEERY worth?
- The remaining production from PEERY is estimated to be worth about $2.0M in total as of 26 August 2026, within a range of $1.5M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEERY is a fraction of it. The estimate fits an Arps decline curve to the production PEERY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEERY is an estimate of value, not an offer and not an appraisal.
- How much income does PEERY generate in a year?
- PEERY is forecast to net about $287K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PEERY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Peery (Marmaton) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 04432 |
| Wellbores | 9 |
| Reported production | 74,423 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.0M |
Where PEERY 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.