PACE, P. H. "A"
PACE, P. H. "A" is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Doc Production. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 22,858 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 $238K, with roughly $46K 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 56 barrels a month, about 28 per wellbore. Its strongest month on the record we hold was April 2022, at 93 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 PACE, P. H. "A"
- Who operates PACE, P. H. "A"?
- PACE, P. H. "A" is operated by Doc Production, Railroad Commission of Texas operator number 221877.
- Where is PACE, P. H. "A"?
- PACE, P. H. "A" is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 23647.
- Is PACE, P. H. "A" still producing?
- PACE, P. H. "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PACE, P. H. "A" is August 2026.
- How much has PACE, P. H. "A" produced?
- PACE, P. H. "A" has reported 22,858 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is PACE, P. H. "A" worth?
- The remaining production from PACE, P. H. "A" is estimated to be worth about $238K in total as of 26 August 2026, within a range of $131K to $346K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PACE, P. H. "A" is a fraction of it. The estimate fits an Arps decline curve to the production PACE, P. H. "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PACE, P. H. "A" is an estimate of value, not an offer and not an appraisal.
- How much income does PACE, P. H. "A" generate in a year?
- PACE, P. H. "A" is forecast to net about $46K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PACE, P. H. "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Doc Production |
|---|---|
| Field | Westbrook, East (Clear Fork) |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 23647 |
| Wellbores | 2 |
| Reported production | 22,858 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $238K |
Where PACE, P. H. "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.