PILLARS
PILLARS is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by DBP Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2009 to August 2026, totalling 4,223 barrels. The lease is intermittent. 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 $85K, with roughly $12K 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 8 barrels a month. Its strongest month on the record we hold was January 2018, at 58 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 PILLARS
- Who operates PILLARS?
- PILLARS is operated by DBP Exploration, Inc., Railroad Commission of Texas operator number 196096.
- Where is PILLARS?
- PILLARS is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08070.
- Is PILLARS still producing?
- PILLARS is intermittent. The most recent month of production reported to the Railroad Commission of Texas for PILLARS is August 2026.
- How much has PILLARS produced?
- PILLARS has reported 4,223 barrels of oil (bbl) to the Railroad Commission of Texas between July 2009 and August 2026, from 1 wellbore.
- How much is PILLARS worth?
- The remaining production from PILLARS is estimated to be worth about $85K in total as of 27 August 2026, within a range of $0 to $170K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PILLARS is a fraction of it. The estimate fits an Arps decline curve to the production PILLARS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PILLARS is an estimate of value, not an offer and not an appraisal.
- How much income does PILLARS generate in a year?
- PILLARS is forecast to net about $12K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PILLARS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | DBP Exploration, Inc. |
|---|---|
| Field | Perryton (Finger) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 08070 |
| Wellbores | 1 |
| Reported production | 4,223 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $85K |
Where PILLARS 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.