PETERS 1102A
PETERS 1102A is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Vencer Energy, LLC. It has 5 wellbores on file with the Commission. Reported production runs from May 2022 to August 2026, totalling 847,021 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 $36.5M, with roughly $7.8M 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 11,777 barrels a month, about 2,355 per wellbore. Its strongest month on the record we hold was June 2022, at 73,042 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 PETERS 1102A
- Who operates PETERS 1102A?
- PETERS 1102A is operated by Vencer Energy, LLC, Railroad Commission of Texas operator number 884498.
- Where is PETERS 1102A?
- PETERS 1102A is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 57790.
- Is PETERS 1102A still producing?
- PETERS 1102A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PETERS 1102A is August 2026.
- How much has PETERS 1102A produced?
- PETERS 1102A has reported 847,021 barrels of oil (bbl) to the Railroad Commission of Texas between May 2022 and August 2026, from 5 wellbores.
- How much is PETERS 1102A worth?
- The remaining production from PETERS 1102A is estimated to be worth about $36.5M in total as of 26 August 2026, within a range of $29.9M to $43.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PETERS 1102A is a fraction of it. The estimate fits an Arps decline curve to the production PETERS 1102A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PETERS 1102A is an estimate of value, not an offer and not an appraisal.
- How much income does PETERS 1102A generate in a year?
- PETERS 1102A is forecast to net about $7.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PETERS 1102A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Vencer Energy, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 57790 |
| Wellbores | 5 |
| Reported production | 847,021 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $36.5M |
Where PETERS 1102A 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.