PEGASUS FIELD UNIT #3
PEGASUS FIELD UNIT #3 is a Texas oil lease in Midland County, Railroad Commission district 7C, operated by Mobil Producing TX. & N.M. Inc. It has 6 wellbores on file with the Commission. Reported production runs from November 1994 to August 2026, totalling 132,911 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 $272K, with roughly $41K 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 48 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was June 2016, at 460 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 PEGASUS FIELD UNIT #3
- Who operates PEGASUS FIELD UNIT #3?
- PEGASUS FIELD UNIT #3 is operated by Mobil Producing TX. & N.M. Inc., Railroad Commission of Texas operator number 572550.
- Where is PEGASUS FIELD UNIT #3?
- PEGASUS FIELD UNIT #3 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 13706.
- Is PEGASUS FIELD UNIT #3 still producing?
- PEGASUS FIELD UNIT #3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEGASUS FIELD UNIT #3 is August 2026.
- How much has PEGASUS FIELD UNIT #3 produced?
- PEGASUS FIELD UNIT #3 has reported 132,911 barrels of oil (bbl) to the Railroad Commission of Texas between November 1994 and August 2026, from 6 wellbores.
- How much is PEGASUS FIELD UNIT #3 worth?
- The remaining production from PEGASUS FIELD UNIT #3 is estimated to be worth about $272K in total as of 27 August 2026, within a range of $149K to $394K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEGASUS FIELD UNIT #3 is a fraction of it. The estimate fits an Arps decline curve to the production PEGASUS FIELD UNIT #3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEGASUS FIELD UNIT #3 is an estimate of value, not an offer and not an appraisal.
- How much income does PEGASUS FIELD UNIT #3 generate in a year?
- PEGASUS FIELD UNIT #3 is forecast to net about $41K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PEGASUS FIELD UNIT #3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mobil Producing TX. & N.M. Inc. |
|---|---|
| Field | Pegasus (Devonian) |
| County | Midland County, Texas |
| RRC district | 7C |
| Lease number | 13706 |
| Wellbores | 6 |
| Reported production | 132,911 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $272K |
Where PEGASUS FIELD UNIT #3 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.