PECAN ACRES 23A
PECAN ACRES 23A is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Callon Petroleum Operating Co. It has 3 wellbores on file with the Commission. Reported production runs from October 2012 to August 2026, totalling 156,893 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 $326K, with roughly $56K 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 65 barrels a month, about 22 per wellbore. Its strongest month on the record we hold was October 2019, at 2,698 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 PECAN ACRES 23A
- Who operates PECAN ACRES 23A?
- PECAN ACRES 23A is operated by Callon Petroleum Operating Co, Railroad Commission of Texas operator number 124828.
- Where is PECAN ACRES 23A?
- PECAN ACRES 23A is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43235.
- Is PECAN ACRES 23A still producing?
- PECAN ACRES 23A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PECAN ACRES 23A is August 2026.
- How much has PECAN ACRES 23A produced?
- PECAN ACRES 23A has reported 156,893 barrels of oil (bbl) to the Railroad Commission of Texas between October 2012 and August 2026, from 3 wellbores.
- How much is PECAN ACRES 23A worth?
- The remaining production from PECAN ACRES 23A is estimated to be worth about $326K in total as of 27 August 2026, within a range of $179K to $473K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PECAN ACRES 23A is a fraction of it. The estimate fits an Arps decline curve to the production PECAN ACRES 23A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PECAN ACRES 23A is an estimate of value, not an offer and not an appraisal.
- How much income does PECAN ACRES 23A generate in a year?
- PECAN ACRES 23A is forecast to net about $56K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PECAN ACRES 23A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Callon Petroleum Operating Co |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 43235 |
| Wellbores | 3 |
| Reported production | 156,893 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $326K |
Where PECAN ACRES 23A 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.