CITY OF PECOS STATE 15-16 U A2
CITY OF PECOS STATE 15-16 U A2 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Noble Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2020 to August 2026, totalling 488,305 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 $2.6M, with roughly $1.1M 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 1,827 barrels a month. Its strongest month on the record we hold was February 2020, at 32,566 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 CITY OF PECOS STATE 15-16 U A2
- Who operates CITY OF PECOS STATE 15-16 U A2?
- CITY OF PECOS STATE 15-16 U A2 is operated by Noble Energy Inc, Railroad Commission of Texas operator number 611665.
- Where is CITY OF PECOS STATE 15-16 U A2?
- CITY OF PECOS STATE 15-16 U A2 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53739.
- Is CITY OF PECOS STATE 15-16 U A2 still producing?
- CITY OF PECOS STATE 15-16 U A2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CITY OF PECOS STATE 15-16 U A2 is August 2026.
- How much has CITY OF PECOS STATE 15-16 U A2 produced?
- CITY OF PECOS STATE 15-16 U A2 has reported 488,305 barrels of oil (bbl) to the Railroad Commission of Texas between January 2020 and August 2026, from 1 wellbore.
- How much is CITY OF PECOS STATE 15-16 U A2 worth?
- The remaining production from CITY OF PECOS STATE 15-16 U A2 is estimated to be worth about $2.6M in total as of 27 August 2026, within a range of $2.1M to $3.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CITY OF PECOS STATE 15-16 U A2 is a fraction of it. The estimate fits an Arps decline curve to the production CITY OF PECOS STATE 15-16 U A2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CITY OF PECOS STATE 15-16 U A2 is an estimate of value, not an offer and not an appraisal.
- How much income does CITY OF PECOS STATE 15-16 U A2 generate in a year?
- CITY OF PECOS STATE 15-16 U A2 is forecast to net about $1.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CITY OF PECOS STATE 15-16 U A2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Noble Energy Inc |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 53739 |
| Wellbores | 1 |
| Reported production | 488,305 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.6M |
Where CITY OF PECOS STATE 15-16 U A2 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.