PEDERNALES 292-293E
PEDERNALES 292-293E is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Primexx Operating Corporation. It has 1 wellbore on file with the Commission. Reported production runs from February 2018 to August 2026, totalling 410,937 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 $300K, with roughly $218K 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. Its strongest month on the record we hold was May 2018, at 36,901 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 PEDERNALES 292-293E
- Who operates PEDERNALES 292-293E?
- PEDERNALES 292-293E is operated by Primexx Operating Corporation, Railroad Commission of Texas operator number 677852.
- Where is PEDERNALES 292-293E?
- PEDERNALES 292-293E is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49648.
- Is PEDERNALES 292-293E still producing?
- PEDERNALES 292-293E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEDERNALES 292-293E is August 2026.
- How much has PEDERNALES 292-293E produced?
- PEDERNALES 292-293E has reported 410,937 barrels of oil (bbl) to the Railroad Commission of Texas between February 2018 and August 2026, from 1 wellbore.
- How much is PEDERNALES 292-293E worth?
- The remaining production from PEDERNALES 292-293E is estimated to be worth about $300K in total as of 27 August 2026, within a range of $234K to $366K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEDERNALES 292-293E is a fraction of it. The estimate fits an Arps decline curve to the production PEDERNALES 292-293E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEDERNALES 292-293E is an estimate of value, not an offer and not an appraisal.
- How much income does PEDERNALES 292-293E generate in a year?
- PEDERNALES 292-293E is forecast to net about $218K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PEDERNALES 292-293E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Primexx Operating Corporation |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 49648 |
| Wellbores | 1 |
| Reported production | 410,937 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $300K |
Where PEDERNALES 292-293E 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.