PAVELOCK
PAVELOCK is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Woodbine Acquisition LLC. It has 2 wellbores on file with the Commission. Reported production runs from March 2012 to August 2026, totalling 232,903 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 $235K, with roughly $45K 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 69 barrels a month, about 35 per wellbore. Its strongest month on the record we hold was May 2016, at 998 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 PAVELOCK
- Who operates PAVELOCK?
- PAVELOCK is operated by Woodbine Acquisition LLC, Railroad Commission of Texas operator number 937857.
- Where is PAVELOCK?
- PAVELOCK is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25892.
- Is PAVELOCK still producing?
- PAVELOCK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PAVELOCK is August 2026.
- How much has PAVELOCK produced?
- PAVELOCK has reported 232,903 barrels of oil (bbl) to the Railroad Commission of Texas between March 2012 and August 2026, from 2 wellbores.
- How much is PAVELOCK worth?
- The remaining production from PAVELOCK is estimated to be worth about $235K in total as of 27 August 2026, within a range of $129K to $341K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PAVELOCK is a fraction of it. The estimate fits an Arps decline curve to the production PAVELOCK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PAVELOCK is an estimate of value, not an offer and not an appraisal.
- How much income does PAVELOCK generate in a year?
- PAVELOCK is forecast to net about $45K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PAVELOCK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Woodbine Acquisition LLC |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 25892 |
| Wellbores | 2 |
| Reported production | 232,903 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $235K |
Where PAVELOCK 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.