PETTIT "14A"
PETTIT "14A" is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by 3-M Energy Corporation. It has 3 wellbores on file with the Commission. Reported production runs from April 2010 to August 2026, totalling 66,530 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 $187K, with roughly $154K 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 740 barrels a month, about 247 per wellbore. Its strongest month on the record we hold was September 2025, at 1,913 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 PETTIT "14A"
- Who operates PETTIT "14A"?
- PETTIT "14A" is operated by 3-M Energy Corporation, Railroad Commission of Texas operator number 953706.
- Where is PETTIT "14A"?
- PETTIT "14A" is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17233.
- Is PETTIT "14A" still producing?
- PETTIT "14A" is intermittent. The most recent month of production reported to the Railroad Commission of Texas for PETTIT "14A" is August 2026.
- How much has PETTIT "14A" produced?
- PETTIT "14A" has reported 66,530 barrels of oil (bbl) to the Railroad Commission of Texas between April 2010 and August 2026, from 3 wellbores.
- How much is PETTIT "14A" worth?
- The remaining production from PETTIT "14A" is estimated to be worth about $187K in total as of 27 August 2026, within a range of $146K to $228K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PETTIT "14A" is a fraction of it. The estimate fits an Arps decline curve to the production PETTIT "14A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PETTIT "14A" is an estimate of value, not an offer and not an appraisal.
- How much income does PETTIT "14A" generate in a year?
- PETTIT "14A" is forecast to net about $154K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PETTIT "14A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | 3-M Energy Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 17233 |
| Wellbores | 3 |
| Reported production | 66,530 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $187K |
Where PETTIT "14A" 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.