RED CREST SOUTH
RED CREST SOUTH is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Tidal Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2022 to August 2026, totalling 62,243 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $16K, with roughly $5K expected over the next twelve months.
| Operator | Tidal Petroleum, Inc. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 20899 |
| Wellbores | 1 |
| Reported production | 62,243 bbl |
| First reported | June 2022 |
| Last reported | August 2026 |
| Estimated royalty value | $16K |
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.