PRIEST & BEAVERS QUEEN UNIT
PRIEST & BEAVERS QUEEN UNIT is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Four G Oil Company. It has 25 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 236,605 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 $473K, with roughly $91K 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 128 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was May 2017, at 532 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 PRIEST & BEAVERS QUEEN UNIT
- Who operates PRIEST & BEAVERS QUEEN UNIT?
- PRIEST & BEAVERS QUEEN UNIT is operated by Four G Oil Company, Railroad Commission of Texas operator number 280940.
- Where is PRIEST & BEAVERS QUEEN UNIT?
- PRIEST & BEAVERS QUEEN UNIT is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 24297.
- Is PRIEST & BEAVERS QUEEN UNIT still producing?
- PRIEST & BEAVERS QUEEN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRIEST & BEAVERS QUEEN UNIT is August 2026.
- How much has PRIEST & BEAVERS QUEEN UNIT produced?
- PRIEST & BEAVERS QUEEN UNIT has reported 236,605 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 25 wellbores.
- How much is PRIEST & BEAVERS QUEEN UNIT worth?
- The remaining production from PRIEST & BEAVERS QUEEN UNIT is estimated to be worth about $473K in total as of 27 August 2026, within a range of $369K to $577K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRIEST & BEAVERS QUEEN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PRIEST & BEAVERS QUEEN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRIEST & BEAVERS QUEEN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PRIEST & BEAVERS QUEEN UNIT generate in a year?
- PRIEST & BEAVERS QUEEN UNIT is forecast to net about $91K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PRIEST & BEAVERS QUEEN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Four G Oil Company |
|---|---|
| Field | Priest & Beavers, East (Queen) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 24297 |
| Wellbores | 25 |
| Reported production | 236,605 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $473K |
Where PRIEST & BEAVERS QUEEN UNIT 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.