OLTMANN
OLTMANN is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Pmo. It has 2 wellbores on file with the Commission. Reported production runs from August 2010 to August 2026, totalling 489,970 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 $1.0M, with roughly $302K 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 380 barrels a month, about 190 per wellbore. Its strongest month on the record we hold was June 2016, at 3,262 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 OLTMANN
- Who operates OLTMANN?
- OLTMANN is operated by Pmo, Railroad Commission of Texas operator number 668494.
- Where is OLTMANN?
- OLTMANN is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25584.
- Is OLTMANN still producing?
- OLTMANN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OLTMANN is August 2026.
- How much has OLTMANN produced?
- OLTMANN has reported 489,970 barrels of oil (bbl) to the Railroad Commission of Texas between August 2010 and August 2026, from 2 wellbores.
- How much is OLTMANN worth?
- The remaining production from OLTMANN is estimated to be worth about $1.0M in total as of 26 August 2026, within a range of $808K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OLTMANN is a fraction of it. The estimate fits an Arps decline curve to the production OLTMANN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OLTMANN is an estimate of value, not an offer and not an appraisal.
- How much income does OLTMANN generate in a year?
- OLTMANN is forecast to net about $302K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OLTMANN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pmo |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 25584 |
| Wellbores | 2 |
| Reported production | 489,970 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where OLTMANN 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.