RYCADE
RYCADE is a Texas oil lease in Matagorda County, Railroad Commission district 03, operated by H Oil Company, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 24,617 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 $56K, with roughly $11K 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 12 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was May 2024, at 30 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 RYCADE
- Who operates RYCADE?
- RYCADE is operated by H Oil Company, Inc., Railroad Commission of Texas operator number 341431.
- Where is RYCADE?
- RYCADE is a Texas oil lease in Matagorda County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 02978.
- Is RYCADE still producing?
- RYCADE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RYCADE is August 2026.
- How much has RYCADE produced?
- RYCADE has reported 24,617 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is RYCADE worth?
- The remaining production from RYCADE is estimated to be worth about $56K in total as of 27 August 2026, within a range of $31K to $80K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RYCADE is a fraction of it. The estimate fits an Arps decline curve to the production RYCADE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RYCADE is an estimate of value, not an offer and not an appraisal.
- How much income does RYCADE generate in a year?
- RYCADE is forecast to net about $11K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RYCADE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | H Oil Company, Inc. |
|---|---|
| Field | Markham |
| County | Matagorda County, Texas |
| RRC district | 03 |
| Lease number | 02978 |
| Wellbores | 2 |
| Reported production | 24,617 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $56K |
Where RYCADE 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.