RIELLY, R. W.
RIELLY, R. W. is a Texas oil lease in Milam County, Railroad Commission district 01, operated by Riata. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 14,232 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 $80K, with roughly $15K 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 20 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was December 2020, at 65 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 RIELLY, R. W.
- Who operates RIELLY, R. W.?
- RIELLY, R. W. is operated by Riata, Railroad Commission of Texas operator number 706405.
- Where is RIELLY, R. W.?
- RIELLY, R. W. is a Texas oil lease in Milam County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 11773.
- Is RIELLY, R. W. still producing?
- RIELLY, R. W. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RIELLY, R. W. is August 2026.
- How much has RIELLY, R. W. produced?
- RIELLY, R. W. has reported 14,232 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is RIELLY, R. W. worth?
- The remaining production from RIELLY, R. W. is estimated to be worth about $80K in total as of 26 August 2026, within a range of $44K to $116K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RIELLY, R. W. is a fraction of it. The estimate fits an Arps decline curve to the production RIELLY, R. W. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RIELLY, R. W. is an estimate of value, not an offer and not an appraisal.
- How much income does RIELLY, R. W. generate in a year?
- RIELLY, R. W. is forecast to net about $15K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RIELLY, R. W. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Riata |
|---|---|
| Field | Minerva-Rockdale |
| County | Milam County, Texas |
| RRC district | 01 |
| Lease number | 11773 |
| Wellbores | 4 |
| Reported production | 14,232 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $80K |
Where RIELLY, R. W. 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.