PRINCE-YORK
PRINCE-YORK is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Pennzoil Petroleum Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 107,714 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 $401K, with roughly $77K 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 124 barrels a month, about 62 per wellbore. Its strongest month on the record we hold was July 2022, at 687 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 PRINCE-YORK
- Who operates PRINCE-YORK?
- PRINCE-YORK is operated by Pennzoil Petroleum Company, Railroad Commission of Texas operator number 652365.
- Where is PRINCE-YORK?
- PRINCE-YORK is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 24941.
- Is PRINCE-YORK still producing?
- PRINCE-YORK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRINCE-YORK is August 2026.
- How much has PRINCE-YORK produced?
- PRINCE-YORK has reported 107,714 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is PRINCE-YORK worth?
- The remaining production from PRINCE-YORK is estimated to be worth about $401K in total as of 26 August 2026, within a range of $313K to $489K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRINCE-YORK is a fraction of it. The estimate fits an Arps decline curve to the production PRINCE-YORK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRINCE-YORK is an estimate of value, not an offer and not an appraisal.
- How much income does PRINCE-YORK generate in a year?
- PRINCE-YORK is forecast to net about $77K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PRINCE-YORK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pennzoil Petroleum Company |
|---|---|
| Field | Ward, South |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 24941 |
| Wellbores | 2 |
| Reported production | 107,714 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $401K |
Where PRINCE-YORK 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.