PIRTLE
PIRTLE is a Texas oil lease in Runnels County, Railroad Commission district 7C, operated by Byrne Oil Company. It has 5 wellbores on file with the Commission. Reported production runs from February 2007 to August 2026, totalling 153,327 barrels. The lease is intermittent. 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 $14K, with roughly $3K 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 11 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was May 2016, at 1,904 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 PIRTLE
- Who operates PIRTLE?
- PIRTLE is operated by Byrne Oil Company, Railroad Commission of Texas operator number 119795.
- Where is PIRTLE?
- PIRTLE is a Texas oil lease in Runnels County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 16149.
- Is PIRTLE still producing?
- PIRTLE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for PIRTLE is August 2026.
- How much has PIRTLE produced?
- PIRTLE has reported 153,327 barrels of oil (bbl) to the Railroad Commission of Texas between February 2007 and August 2026, from 5 wellbores.
- How much is PIRTLE worth?
- The remaining production from PIRTLE is estimated to be worth about $14K in total as of 26 August 2026, within a range of $8K to $21K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIRTLE is a fraction of it. The estimate fits an Arps decline curve to the production PIRTLE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIRTLE is an estimate of value, not an offer and not an appraisal.
- How much income does PIRTLE generate in a year?
- PIRTLE is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PIRTLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Byrne Oil Company |
|---|---|
| Field | Cree-Sykes (Gardner, Upper) |
| County | Runnels County, Texas |
| RRC district | 7C |
| Lease number | 16149 |
| Wellbores | 5 |
| Reported production | 153,327 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $14K |
Where PIRTLE 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.