TEAS, PAUL
TEAS, PAUL is a Texas oil lease in Scurry County, Railroad Commission district 8A, operated by Murphy & Associates, Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 20,358 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 $243K, with roughly $47K 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 58 barrels a month, about 19 per wellbore. Its strongest month on the record we hold was August 2016, at 116 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 TEAS, PAUL
- Who operates TEAS, PAUL?
- TEAS, PAUL is operated by Murphy & Associates, Inc., Railroad Commission of Texas operator number 594363.
- Where is TEAS, PAUL?
- TEAS, PAUL is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 05758.
- Is TEAS, PAUL still producing?
- TEAS, PAUL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEAS, PAUL is August 2026.
- How much has TEAS, PAUL produced?
- TEAS, PAUL has reported 20,358 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is TEAS, PAUL worth?
- The remaining production from TEAS, PAUL is estimated to be worth about $243K in total as of 26 August 2026, within a range of $134K to $352K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEAS, PAUL is a fraction of it. The estimate fits an Arps decline curve to the production TEAS, PAUL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEAS, PAUL is an estimate of value, not an offer and not an appraisal.
- How much income does TEAS, PAUL generate in a year?
- TEAS, PAUL is forecast to net about $47K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TEAS, PAUL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Murphy & Associates, Inc. |
|---|---|
| Field | Sharon Ridge (1700) |
| County | Scurry County, Texas |
| RRC district | 8A |
| Lease number | 05758 |
| Wellbores | 3 |
| Reported production | 20,358 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $243K |
Where TEAS, PAUL 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.