CORRIGAN STATE
CORRIGAN STATE is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Imperial Gas Resources LLC. It has 2 wellbores on file with the Commission. Reported production runs from September 2003 to August 2026, totalling 8,817 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 $69K, with roughly $13K 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 9 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was February 2026, at 75 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 CORRIGAN STATE
- Who operates CORRIGAN STATE?
- CORRIGAN STATE is operated by Imperial Gas Resources LLC, Railroad Commission of Texas operator number 423398.
- Where is CORRIGAN STATE?
- CORRIGAN STATE is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 37302.
- Is CORRIGAN STATE still producing?
- CORRIGAN STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CORRIGAN STATE is August 2026.
- How much has CORRIGAN STATE produced?
- CORRIGAN STATE has reported 8,817 barrels of oil (bbl) to the Railroad Commission of Texas between September 2003 and August 2026, from 2 wellbores.
- How much is CORRIGAN STATE worth?
- The remaining production from CORRIGAN STATE is estimated to be worth about $69K in total as of 27 August 2026, within a range of $0 to $138K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CORRIGAN STATE is a fraction of it. The estimate fits an Arps decline curve to the production CORRIGAN STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CORRIGAN STATE is an estimate of value, not an offer and not an appraisal.
- How much income does CORRIGAN STATE generate in a year?
- CORRIGAN STATE is forecast to net about $13K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CORRIGAN STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Imperial Gas Resources LLC |
|---|---|
| Field | T.C.I., West (Seven Rivers) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 37302 |
| Wellbores | 2 |
| Reported production | 8,817 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $69K |
Where CORRIGAN STATE 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.