BOYD, PEARL

BOYD, PEARL is a Texas oil lease in Wichita County, Railroad Commission district 09, operated by Athena Resources, Inc. It has 9 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 30,166 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 $146K, with roughly $28K 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 39 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was June 2016, at 165 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 BOYD, PEARL

Who operates BOYD, PEARL?
BOYD, PEARL is operated by Athena Resources, Inc., Railroad Commission of Texas operator number 036056.
Where is BOYD, PEARL?
BOYD, PEARL is a Texas oil lease in Wichita County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 28019.
Is BOYD, PEARL still producing?
BOYD, PEARL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOYD, PEARL is August 2026.
How much has BOYD, PEARL produced?
BOYD, PEARL has reported 30,166 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 9 wellbores.
How much is BOYD, PEARL worth?
The remaining production from BOYD, PEARL is estimated to be worth about $146K in total as of 27 August 2026, within a range of $80K to $212K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOYD, PEARL is a fraction of it. The estimate fits an Arps decline curve to the production BOYD, PEARL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOYD, PEARL is an estimate of value, not an offer and not an appraisal.
How much income does BOYD, PEARL generate in a year?
BOYD, PEARL is forecast to net about $28K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BOYD, PEARL receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BOYD, PEARL as filed with the Railroad Commission of Texas
OperatorAthena Resources, Inc.
FieldWichita County Regular
CountyWichita County, Texas
RRC district09
Lease number28019
Wellbores9
Reported production30,166 bbl
First reported
Last reported
Estimated royalty value$146K

Where BOYD, PEARL 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.