PITTMAN
PITTMAN is a Texas gas lease in Moore County, Railroad Commission district 10, operated by Travelers Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2016 to August 2026, totalling 295,603 thousand cubic feet. 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 $276K, with roughly $42K 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 1,778 thousand cubic feet a month. Its strongest month on the record we hold was November 2016, at 5,165 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 PITTMAN
- Who operates PITTMAN?
- PITTMAN is operated by Travelers Oil Company, Railroad Commission of Texas operator number 865980.
- Where is PITTMAN?
- PITTMAN is a Texas gas lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 280923.
- Is PITTMAN still producing?
- PITTMAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PITTMAN is August 2026.
- How much has PITTMAN produced?
- PITTMAN has reported 295,603 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2016 and August 2026, from 1 wellbore.
- How much is PITTMAN worth?
- The remaining production from PITTMAN is estimated to be worth about $276K in total as of 26 August 2026, within a range of $229K to $322K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PITTMAN is a fraction of it. The estimate fits an Arps decline curve to the production PITTMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PITTMAN is an estimate of value, not an offer and not an appraisal.
- How much income does PITTMAN generate in a year?
- PITTMAN is forecast to net about $42K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PITTMAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Travelers Oil Company |
|---|---|
| Field | Panhandle, West |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 280923 |
| Wellbores | 1 |
| Reported production | 295,603 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $276K |
Where PITTMAN 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.