PIGG
PIGG is a Texas oil lease in Wise County, Railroad Commission district 09, operated by Glen D. Gonzenbach, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2014 to August 2026, totalling 6,482 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 $614K, with roughly $78K 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 2 barrels a month. Its strongest month on the record we hold was May 2021, at 89 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 PIGG
- Who operates PIGG?
- PIGG is operated by Glen D. Gonzenbach, LLC, Railroad Commission of Texas operator number 310223.
- Where is PIGG?
- PIGG is a Texas oil lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33016.
- Is PIGG still producing?
- PIGG is intermittent. The most recent month of production reported to the Railroad Commission of Texas for PIGG is August 2026.
- How much has PIGG produced?
- PIGG has reported 6,482 barrels of oil (bbl) to the Railroad Commission of Texas between September 2014 and August 2026, from 1 wellbore.
- How much is PIGG worth?
- The remaining production from PIGG is estimated to be worth about $614K in total as of 26 August 2026, within a range of $0 to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIGG is a fraction of it. The estimate fits an Arps decline curve to the production PIGG has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIGG is an estimate of value, not an offer and not an appraisal.
- How much income does PIGG generate in a year?
- PIGG is forecast to net about $78K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PIGG receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Glen D. Gonzenbach, LLC |
|---|---|
| Field | Gilley, W. (Atoka Congl.) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 33016 |
| Wellbores | 1 |
| Reported production | 6,482 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $614K |
Where PIGG 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.