PHEASANT BLESSING

PHEASANT BLESSING is a Texas oil lease in Matagorda County, Railroad Commission district 03, operated by Sanchez Oil & Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from December 2009 to August 2026, totalling 134,916 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 $1.5M, with roughly $359K 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 502 barrels a month. Its strongest month on the record we hold was December 2016, at 1,024 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 PHEASANT BLESSING

Who operates PHEASANT BLESSING?
PHEASANT BLESSING is operated by Sanchez Oil & Gas Corporation, Railroad Commission of Texas operator number 747012.
Where is PHEASANT BLESSING?
PHEASANT BLESSING is a Texas oil lease in Matagorda County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25474.
Is PHEASANT BLESSING still producing?
PHEASANT BLESSING is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PHEASANT BLESSING is August 2026.
How much has PHEASANT BLESSING produced?
PHEASANT BLESSING has reported 134,916 barrels of oil (bbl) to the Railroad Commission of Texas between December 2009 and August 2026, from 1 wellbore.
How much is PHEASANT BLESSING worth?
The remaining production from PHEASANT BLESSING is estimated to be worth about $1.5M in total as of 27 August 2026, within a range of $1.2M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PHEASANT BLESSING is a fraction of it. The estimate fits an Arps decline curve to the production PHEASANT BLESSING has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PHEASANT BLESSING is an estimate of value, not an offer and not an appraisal.
How much income does PHEASANT BLESSING generate in a year?
PHEASANT BLESSING is forecast to net about $359K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PHEASANT BLESSING receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

PHEASANT BLESSING as filed with the Railroad Commission of Texas
OperatorSanchez Oil & Gas Corporation
FieldPheasant (Mcdonald)
CountyMatagorda County, Texas
RRC district03
Lease number25474
Wellbores1
Reported production134,916 bbl
First reported
Last reported
Estimated royalty value$1.5M

Where PHEASANT BLESSING 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.