PERRY
PERRY is a Texas oil lease in Milam County, Railroad Commission district 01, operated by Ec Oil Co. It has 14 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 6,385 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 $4K, with roughly $691 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 1 barrels a month. Its strongest month on the record we hold was May 2019, at 59 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 PERRY
- Who operates PERRY?
- PERRY is operated by Ec Oil Co., Railroad Commission of Texas operator number 239950.
- Where is PERRY?
- PERRY is a Texas oil lease in Milam County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 09693.
- Is PERRY still producing?
- PERRY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PERRY is August 2026.
- How much has PERRY produced?
- PERRY has reported 6,385 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 14 wellbores.
- How much is PERRY worth?
- The remaining production from PERRY is estimated to be worth about $4K in total as of 27 August 2026, within a range of $0 to $7K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PERRY is a fraction of it. The estimate fits an Arps decline curve to the production PERRY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PERRY is an estimate of value, not an offer and not an appraisal.
- How much income does PERRY generate in a year?
- PERRY is forecast to net about $691 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PERRY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ec Oil Co. |
|---|---|
| Field | Minerva-Rockdale |
| County | Milam County, Texas |
| RRC district | 01 |
| Lease number | 09693 |
| Wellbores | 14 |
| Reported production | 6,385 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where PERRY 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.