PAN AM-B-HILL,M.J.-MITCHELL,TR.2

PAN AM-B-HILL,M.J.-MITCHELL,TR.2 is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Bass Enterprises Production Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 220,096 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 $174K, with roughly $34K 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 38 barrels a month, about 19 per wellbore. Its strongest month on the record we hold was August 2017, at 1,788 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 PAN AM-B-HILL,M.J.-MITCHELL,TR.2

Who operates PAN AM-B-HILL,M.J.-MITCHELL,TR.2?: PAN AM-B-HILL,M.J.-MITCHELL,TR.2 is operated by Bass Enterprises Production Co., Railroad Commission of Texas operator number 054700.
Where is PAN AM-B-HILL,M.J.-MITCHELL,TR.2?: PAN AM-B-HILL,M.J.-MITCHELL,TR.2 is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 12884.
Is PAN AM-B-HILL,M.J.-MITCHELL,TR.2 still producing?: PAN AM-B-HILL,M.J.-MITCHELL,TR.2 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for PAN AM-B-HILL,M.J.-MITCHELL,TR.2 is August 2026.
How much has PAN AM-B-HILL,M.J.-MITCHELL,TR.2 produced?: PAN AM-B-HILL,M.J.-MITCHELL,TR.2 has reported 220,096 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
How much is PAN AM-B-HILL,M.J.-MITCHELL,TR.2 worth?: The remaining production from PAN AM-B-HILL,M.J.-MITCHELL,TR.2 is estimated to be worth about $174K in total as of 27 August 2026, within a range of $96K to $253K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PAN AM-B-HILL,M.J.-MITCHELL,TR.2 is a fraction of it. The estimate fits an Arps decline curve to the production PAN AM-B-HILL,M.J.-MITCHELL,TR.2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PAN AM-B-HILL,M.J.-MITCHELL,TR.2 is an estimate of value, not an offer and not an appraisal.
How much income does PAN AM-B-HILL,M.J.-MITCHELL,TR.2 generate in a year?: PAN AM-B-HILL,M.J.-MITCHELL,TR.2 is forecast to net about $34K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PAN AM-B-HILL,M.J.-MITCHELL,TR.2 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

PAN AM-B-HILL,M.J.-MITCHELL,TR.2 as filed with the Railroad Commission of Texas
Operator	Bass Enterprises Production Co.
Field	Halley (Glorieta)
County	Winkler County, Texas
RRC district	08
Lease number	12884
Wellbores	2
Reported production	220,096 bbl
First reported	January 1993
Last reported	August 2026
Estimated royalty value	$174K

Where PAN AM-B-HILL,M.J.-MITCHELL,TR.2 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.