RICK ROSS STATE UNIT 11-2
RICK ROSS STATE UNIT 11-2 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Greenlake Energy Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2023 to August 2026, totalling 903,063 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 $4.2M, with roughly $1.8M 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 15,902 thousand cubic feet a month. Its strongest month on the record we hold was October 2023, at 32,187 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 RICK ROSS STATE UNIT 11-2
- Who operates RICK ROSS STATE UNIT 11-2?
- RICK ROSS STATE UNIT 11-2 is operated by Greenlake Energy Operating, LLC, Railroad Commission of Texas operator number 331448.
- Where is RICK ROSS STATE UNIT 11-2?
- RICK ROSS STATE UNIT 11-2 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 296817.
- Is RICK ROSS STATE UNIT 11-2 still producing?
- RICK ROSS STATE UNIT 11-2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RICK ROSS STATE UNIT 11-2 is August 2026.
- How much has RICK ROSS STATE UNIT 11-2 produced?
- RICK ROSS STATE UNIT 11-2 has reported 903,063 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2023 and August 2026, from 1 wellbore.
- How much is RICK ROSS STATE UNIT 11-2 worth?
- The remaining production from RICK ROSS STATE UNIT 11-2 is estimated to be worth about $4.2M in total as of 27 August 2026, within a range of $3.4M to $4.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICK ROSS STATE UNIT 11-2 is a fraction of it. The estimate fits an Arps decline curve to the production RICK ROSS STATE UNIT 11-2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICK ROSS STATE UNIT 11-2 is an estimate of value, not an offer and not an appraisal.
- How much income does RICK ROSS STATE UNIT 11-2 generate in a year?
- RICK ROSS STATE UNIT 11-2 is forecast to net about $1.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RICK ROSS STATE UNIT 11-2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Greenlake Energy Operating, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 296817 |
| Wellbores | 1 |
| Reported production | 903,063 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.2M |
Where RICK ROSS STATE UNIT 11-2 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.