PECK STATE 258
PECK STATE 258 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Thompson, J. Cleo. It has 3 wellbores on file with the Commission. Reported production runs from August 2012 to August 2026, totalling 928,322 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 $921K, with roughly $422K 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 770 barrels a month, about 257 per wellbore. Its strongest month on the record we hold was May 2016, at 17,178 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 PECK STATE 258
- Who operates PECK STATE 258?
- PECK STATE 258 is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is PECK STATE 258?
- PECK STATE 258 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43213.
- Is PECK STATE 258 still producing?
- PECK STATE 258 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PECK STATE 258 is August 2026.
- How much has PECK STATE 258 produced?
- PECK STATE 258 has reported 928,322 barrels of oil (bbl) to the Railroad Commission of Texas between August 2012 and August 2026, from 3 wellbores.
- How much is PECK STATE 258 worth?
- The remaining production from PECK STATE 258 is estimated to be worth about $921K in total as of 27 August 2026, within a range of $718K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PECK STATE 258 is a fraction of it. The estimate fits an Arps decline curve to the production PECK STATE 258 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PECK STATE 258 is an estimate of value, not an offer and not an appraisal.
- How much income does PECK STATE 258 generate in a year?
- PECK STATE 258 is forecast to net about $422K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PECK STATE 258 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 43213 |
| Wellbores | 3 |
| Reported production | 928,322 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $921K |
Where PECK STATE 258 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.