Your Pecan Estimate is the platform's calculation of what your mineral interests are worth at fair market value. Understanding how it is built — and what it actually means — helps you use it confidently when evaluating offers or making decisions about your portfolio.

The Value Range

Your Pecan Estimate is shown as a range, not a single number. That is intentional. What your minerals are worth depends on who is buying and why — a large institutional buyer may value your property differently than a regional operator targeting that specific acreage. Commodity price assumptions, discount rates, and risk tolerance all factor in. The range represents the realistic spectrum of what you could receive in a sale, from a conservative floor to a stronger outcome.

What Makes Up Your Value

Your Pecan Estimate is broken into three components.

PDP (Proved Developed Producing) is the value of your wells that are currently on production. It is the most certain component — based on production history and decline curves, representing cash flows that are already happening.

Non-producing value covers wells that exist on your acreage but are not currently producing, or are producing at very low rates. These have infrastructure and history, but their value is more uncertain than PDP.

Upside is your undeveloped potential — the value attributed to acreage that has not been drilled yet but sits in an active development area. For many mineral owners, this is the largest component of their total value. It is also the most speculative, depending on future drilling activity, commodity prices, and development timelines.

What Drives Upside

Upside is driven primarily by where your acreage sits relative to active development. If you are in the core of an active play with permits and strong type curves, your upside will be significant. If you are on the edge of a basin with limited near-term drilling, your upside will be lower — not because your minerals are poor, but because development timing is less certain.

A high-PDP portfolio is a stable, cash-flowing asset. A high-upside portfolio is a development play — more speculative but potentially more valuable over time. Knowing which type you have changes how you think about it.

How Your Estimate Stays Current

Your Pecan Estimate is not a one-time calculation. The platform updates it automatically as new production data comes in, as commodity prices move, and as well activity changes on your acreage. The number you see today may differ from next month — that is the platform keeping your valuation current with what is actually happening in the market.