RIVES
RIVES is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Largo Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from March 2002 to August 2026, totalling 262,368 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 $3K, with roughly $316 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 13 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 711 thousand cubic feet. 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 RIVES
- Who operates RIVES?
- RIVES is operated by Largo Oil Company, Railroad Commission of Texas operator number 486640.
- Where is RIVES?
- RIVES is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 189077.
- Is RIVES still producing?
- RIVES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RIVES is August 2026.
- How much has RIVES produced?
- RIVES has reported 262,368 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2002 and August 2026, from 1 wellbore.
- How much is RIVES worth?
- The remaining production from RIVES is estimated to be worth about $3K in total as of 26 August 2026, within a range of $1K to $4K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RIVES is a fraction of it. The estimate fits an Arps decline curve to the production RIVES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RIVES is an estimate of value, not an offer and not an appraisal.
- How much income does RIVES generate in a year?
- RIVES is forecast to net about $316 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RIVES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Largo Oil Company |
|---|---|
| Field | Henderson, S. (Travis Peak, Up.) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 189077 |
| Wellbores | 1 |
| Reported production | 262,368 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where RIVES 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.