PECK "A"
PECK "A" is a Texas oil lease in Midland County, Railroad Commission district 7C, operated by LCX Energy, LLC. It has 8 wellbores on file with the Commission. Reported production runs from November 2006 to August 2026, totalling 413,092 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 $440K, with roughly $81K 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 389 barrels a month, about 49 per wellbore. Its strongest month on the record we hold was June 2016, at 5,223 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 PECK "A"
- Who operates PECK "A"?
- PECK "A" is operated by LCX Energy, LLC, Railroad Commission of Texas operator number 491566.
- Where is PECK "A"?
- PECK "A" is a Texas oil lease in Midland County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 16097.
- Is PECK "A" still producing?
- PECK "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PECK "A" is August 2026.
- How much has PECK "A" produced?
- PECK "A" has reported 413,092 barrels of oil (bbl) to the Railroad Commission of Texas between November 2006 and August 2026, from 8 wellbores.
- How much is PECK "A" worth?
- The remaining production from PECK "A" is estimated to be worth about $440K in total as of 26 August 2026, within a range of $343K to $537K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PECK "A" is a fraction of it. The estimate fits an Arps decline curve to the production PECK "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PECK "A" is an estimate of value, not an offer and not an appraisal.
- How much income does PECK "A" generate in a year?
- PECK "A" is forecast to net about $81K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PECK "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | LCX Energy, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 7C |
| Lease number | 16097 |
| Wellbores | 8 |
| Reported production | 413,092 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $440K |
Where PECK "A" 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.