PMF
PMF is a Texas oil lease in Robertson County, Railroad Commission district 03, operated by LRR Pecos Valley, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2021 to August 2026, totalling 561,583 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 $5.1M, with roughly $2.1M 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 3,593 barrels a month. Its strongest month on the record we hold was August 2021, at 43,705 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 PMF
- Who operates PMF?
- PMF is operated by LRR Pecos Valley, LLC, Railroad Commission of Texas operator number 511724.
- Where is PMF?
- PMF is a Texas oil lease in Robertson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27925.
- Is PMF still producing?
- PMF is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PMF is August 2026.
- How much has PMF produced?
- PMF has reported 561,583 barrels of oil (bbl) to the Railroad Commission of Texas between July 2021 and August 2026, from 1 wellbore.
- How much is PMF worth?
- The remaining production from PMF is estimated to be worth about $5.1M in total as of 26 August 2026, within a range of $4.2M to $5.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PMF is a fraction of it. The estimate fits an Arps decline curve to the production PMF has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PMF is an estimate of value, not an offer and not an appraisal.
- How much income does PMF generate in a year?
- PMF is forecast to net about $2.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PMF receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | LRR Pecos Valley, LLC |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Robertson County, Texas |
| RRC district | 03 |
| Lease number | 27925 |
| Wellbores | 1 |
| Reported production | 561,583 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.1M |
Where PMF 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.