PAM
PAM is a Texas oil lease in Runnels County, Railroad Commission district 7C, operated by Enrich Oil Corporation. It has 2 wellbores on file with the Commission. Reported production runs from May 2015 to August 2026, totalling 281,911 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 $1.4M, with roughly $425K 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 578 barrels a month, about 289 per wellbore. Its strongest month on the record we hold was May 2018, at 5,240 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 PAM
- Who operates PAM?
- PAM is operated by Enrich Oil Corporation, Railroad Commission of Texas operator number 253100.
- Where is PAM?
- PAM is a Texas oil lease in Runnels County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19055.
- Is PAM still producing?
- PAM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PAM is August 2026.
- How much has PAM produced?
- PAM has reported 281,911 barrels of oil (bbl) to the Railroad Commission of Texas between May 2015 and August 2026, from 2 wellbores.
- How much is PAM worth?
- The remaining production from PAM is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PAM is a fraction of it. The estimate fits an Arps decline curve to the production PAM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PAM is an estimate of value, not an offer and not an appraisal.
- How much income does PAM generate in a year?
- PAM is forecast to net about $425K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PAM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enrich Oil Corporation |
|---|---|
| Field | WFM (Goen Lime) |
| County | Runnels County, Texas |
| RRC district | 7C |
| Lease number | 19055 |
| Wellbores | 2 |
| Reported production | 281,911 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where PAM 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.