RUTHVEN, SHIRLEY
RUTHVEN, SHIRLEY is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Gemini Exploration Company. It has 2 wellbores on file with the Commission. Reported production runs from July 1994 to August 2026, totalling 337,767 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 $638K, with roughly $147K 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 215 barrels a month, about 107 per wellbore. Its strongest month on the record we hold was April 2020, at 1,503 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 RUTHVEN, SHIRLEY
- Who operates RUTHVEN, SHIRLEY?
- RUTHVEN, SHIRLEY is operated by Gemini Exploration Company, Railroad Commission of Texas operator number 298891.
- Where is RUTHVEN, SHIRLEY?
- RUTHVEN, SHIRLEY is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22496.
- Is RUTHVEN, SHIRLEY still producing?
- RUTHVEN, SHIRLEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RUTHVEN, SHIRLEY is August 2026.
- How much has RUTHVEN, SHIRLEY produced?
- RUTHVEN, SHIRLEY has reported 337,767 barrels of oil (bbl) to the Railroad Commission of Texas between July 1994 and August 2026, from 2 wellbores.
- How much is RUTHVEN, SHIRLEY worth?
- The remaining production from RUTHVEN, SHIRLEY is estimated to be worth about $638K in total as of 27 August 2026, within a range of $498K to $779K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RUTHVEN, SHIRLEY is a fraction of it. The estimate fits an Arps decline curve to the production RUTHVEN, SHIRLEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RUTHVEN, SHIRLEY is an estimate of value, not an offer and not an appraisal.
- How much income does RUTHVEN, SHIRLEY generate in a year?
- RUTHVEN, SHIRLEY is forecast to net about $147K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RUTHVEN, SHIRLEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gemini Exploration Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 22496 |
| Wellbores | 2 |
| Reported production | 337,767 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $638K |
Where RUTHVEN, SHIRLEY 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.