RICABY TRUST
RICABY TRUST is a Texas gas lease in Starr County, Railroad Commission district 04, operated by Opex Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2005 to August 2026, totalling 246,751 thousand cubic feet. 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 $104K, with roughly $16K 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 703 thousand cubic feet a month. Its strongest month on the record we hold was February 2020, at 3,226 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 RICABY TRUST
- Who operates RICABY TRUST?
- RICABY TRUST is operated by Opex Energy, LLC, Railroad Commission of Texas operator number 624930.
- Where is RICABY TRUST?
- RICABY TRUST is a Texas gas lease in Starr County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 216673.
- Is RICABY TRUST still producing?
- RICABY TRUST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RICABY TRUST is August 2026.
- How much has RICABY TRUST produced?
- RICABY TRUST has reported 246,751 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2005 and August 2026, from 1 wellbore.
- How much is RICABY TRUST worth?
- The remaining production from RICABY TRUST is estimated to be worth about $104K in total as of 27 August 2026, within a range of $81K to $127K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICABY TRUST is a fraction of it. The estimate fits an Arps decline curve to the production RICABY TRUST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICABY TRUST is an estimate of value, not an offer and not an appraisal.
- How much income does RICABY TRUST generate in a year?
- RICABY TRUST is forecast to net about $16K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RICABY TRUST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Opex Energy, LLC |
|---|---|
| Field | Gregg Wood, S. (5250) |
| County | Starr County, Texas |
| RRC district | 04 |
| Lease number | 216673 |
| Wellbores | 1 |
| Reported production | 246,751 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $104K |
Where RICABY TRUST 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.