PETERS "20"
PETERS "20" is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Endeavor Energy Resources L.P. It has 2 wellbores on file with the Commission. Reported production runs from December 2004 to August 2026, totalling 132,797 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 $225K, with roughly $43K 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 54 barrels a month, about 27 per wellbore. Its strongest month on the record we hold was January 2024, at 422 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 PETERS "20"
- Who operates PETERS "20"?
- PETERS "20" is operated by Endeavor Energy Resources L.P., Railroad Commission of Texas operator number 251726.
- Where is PETERS "20"?
- PETERS "20" is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 37787.
- Is PETERS "20" still producing?
- PETERS "20" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PETERS "20" is August 2026.
- How much has PETERS "20" produced?
- PETERS "20" has reported 132,797 barrels of oil (bbl) to the Railroad Commission of Texas between December 2004 and August 2026, from 2 wellbores.
- How much is PETERS "20" worth?
- The remaining production from PETERS "20" is estimated to be worth about $225K in total as of 27 August 2026, within a range of $124K to $326K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PETERS "20" is a fraction of it. The estimate fits an Arps decline curve to the production PETERS "20" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PETERS "20" is an estimate of value, not an offer and not an appraisal.
- How much income does PETERS "20" generate in a year?
- PETERS "20" is forecast to net about $43K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PETERS "20" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Endeavor Energy Resources L.P. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 37787 |
| Wellbores | 2 |
| Reported production | 132,797 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $225K |
Where PETERS "20" 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.