P-P&S
P-P&S is a Texas oil lease in Young County, Railroad Commission district 09, operated by Steinberger, D. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 29,755 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 $263K, with roughly $51K 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 70 barrels a month. Its strongest month on the record we hold was October 2023, at 163 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 P-P&S
- Who operates P-P&S?
- P-P&S is operated by Steinberger, D., Railroad Commission of Texas operator number 816937.
- Where is P-P&S?
- P-P&S is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 26438.
- Is P-P&S still producing?
- P-P&S is currently producing. The most recent month of production reported to the Railroad Commission of Texas for P-P&S is August 2026.
- How much has P-P&S produced?
- P-P&S has reported 29,755 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is P-P&S worth?
- The remaining production from P-P&S is estimated to be worth about $263K in total as of 26 August 2026, within a range of $144K to $381K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in P-P&S is a fraction of it. The estimate fits an Arps decline curve to the production P-P&S has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for P-P&S is an estimate of value, not an offer and not an appraisal.
- How much income does P-P&S generate in a year?
- P-P&S is forecast to net about $51K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in P-P&S receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Steinberger, D. |
|---|---|
| Field | Young County Regular |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 26438 |
| Wellbores | 1 |
| Reported production | 29,755 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $263K |
Where P-P&S 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.