PEARSON 74
PEARSON 74 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2018 to August 2026, totalling 63,268 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 $2.5M, with roughly $538K 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 902 barrels a month. Its strongest month on the record we hold was February 2026, at 1,031 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 PEARSON 74
- Who operates PEARSON 74?
- PEARSON 74 is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is PEARSON 74?
- PEARSON 74 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09579.
- Is PEARSON 74 still producing?
- PEARSON 74 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEARSON 74 is August 2026.
- How much has PEARSON 74 produced?
- PEARSON 74 has reported 63,268 barrels of oil (bbl) to the Railroad Commission of Texas between January 2018 and August 2026, from 1 wellbore.
- How much is PEARSON 74 worth?
- The remaining production from PEARSON 74 is estimated to be worth about $2.5M in total as of 26 August 2026, within a range of $1.9M to $3.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEARSON 74 is a fraction of it. The estimate fits an Arps decline curve to the production PEARSON 74 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEARSON 74 is an estimate of value, not an offer and not an appraisal.
- How much income does PEARSON 74 generate in a year?
- PEARSON 74 is forecast to net about $538K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PEARSON 74 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Allen-Parker (Marmaton) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 09579 |
| Wellbores | 1 |
| Reported production | 63,268 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.5M |
Where PEARSON 74 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.