ONEAL, B. J., ETAL
ONEAL, B. J., ETAL is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Pennzoil Petroleum Company. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 152,996 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 $896K, with roughly $181K 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 345 barrels a month, about 115 per wellbore. Its strongest month on the record we hold was January 2020, at 625 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 ONEAL, B. J., ETAL
- Who operates ONEAL, B. J., ETAL?
- ONEAL, B. J., ETAL is operated by Pennzoil Petroleum Company, Railroad Commission of Texas operator number 652365.
- Where is ONEAL, B. J., ETAL?
- ONEAL, B. J., ETAL is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 04049.
- Is ONEAL, B. J., ETAL still producing?
- ONEAL, B. J., ETAL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ONEAL, B. J., ETAL is August 2026.
- How much has ONEAL, B. J., ETAL produced?
- ONEAL, B. J., ETAL has reported 152,996 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is ONEAL, B. J., ETAL worth?
- The remaining production from ONEAL, B. J., ETAL is estimated to be worth about $896K in total as of 27 August 2026, within a range of $699K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ONEAL, B. J., ETAL is a fraction of it. The estimate fits an Arps decline curve to the production ONEAL, B. J., ETAL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ONEAL, B. J., ETAL is an estimate of value, not an offer and not an appraisal.
- How much income does ONEAL, B. J., ETAL generate in a year?
- ONEAL, B. J., ETAL is forecast to net about $181K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ONEAL, B. J., ETAL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pennzoil Petroleum Company |
|---|---|
| Field | Texel (Devonian) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 04049 |
| Wellbores | 3 |
| Reported production | 152,996 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $896K |
Where ONEAL, B. J., ETAL 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.