PERKINS 2-1S
PERKINS 2-1S is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Oxy USA Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2019 to August 2026, totalling 288,672 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 $2.1M, with roughly $883K 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 1,631 barrels a month. Its strongest month on the record we hold was November 2019, at 21,985 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 PERKINS 2-1S
- Who operates PERKINS 2-1S?
- PERKINS 2-1S is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
- Where is PERKINS 2-1S?
- PERKINS 2-1S is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53506.
- Is PERKINS 2-1S still producing?
- PERKINS 2-1S is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PERKINS 2-1S is August 2026.
- How much has PERKINS 2-1S produced?
- PERKINS 2-1S has reported 288,672 barrels of oil (bbl) to the Railroad Commission of Texas between October 2019 and August 2026, from 1 wellbore.
- How much is PERKINS 2-1S worth?
- The remaining production from PERKINS 2-1S is estimated to be worth about $2.1M in total as of 27 August 2026, within a range of $1.7M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PERKINS 2-1S is a fraction of it. The estimate fits an Arps decline curve to the production PERKINS 2-1S has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PERKINS 2-1S is an estimate of value, not an offer and not an appraisal.
- How much income does PERKINS 2-1S generate in a year?
- PERKINS 2-1S is forecast to net about $883K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PERKINS 2-1S receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 53506 |
| Wellbores | 1 |
| Reported production | 288,672 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where PERKINS 2-1S 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.