REPUBLIC INSURANCE CO.
REPUBLIC INSURANCE CO. is a Texas oil lease in Wood County, Railroad Commission district 06, operated by Lake Ronel Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 9,122 barrels. The lease is intermittent. 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 $357K, with roughly $69K 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 32 barrels a month. Its strongest month on the record we hold was February 2023, at 189 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 REPUBLIC INSURANCE CO.
- Who operates REPUBLIC INSURANCE CO.?
- REPUBLIC INSURANCE CO. is operated by Lake Ronel Oil Company, Railroad Commission of Texas operator number 483310.
- Where is REPUBLIC INSURANCE CO.?
- REPUBLIC INSURANCE CO. is a Texas oil lease in Wood County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 05173.
- Is REPUBLIC INSURANCE CO. still producing?
- REPUBLIC INSURANCE CO. is intermittent. The most recent month of production reported to the Railroad Commission of Texas for REPUBLIC INSURANCE CO. is August 2026.
- How much has REPUBLIC INSURANCE CO. produced?
- REPUBLIC INSURANCE CO. has reported 9,122 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is REPUBLIC INSURANCE CO. worth?
- The remaining production from REPUBLIC INSURANCE CO. is estimated to be worth about $357K in total as of 26 August 2026, within a range of $196K to $517K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REPUBLIC INSURANCE CO. is a fraction of it. The estimate fits an Arps decline curve to the production REPUBLIC INSURANCE CO. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REPUBLIC INSURANCE CO. is an estimate of value, not an offer and not an appraisal.
- How much income does REPUBLIC INSURANCE CO. generate in a year?
- REPUBLIC INSURANCE CO. is forecast to net about $69K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in REPUBLIC INSURANCE CO. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lake Ronel Oil Company |
|---|---|
| Field | Quitman (Derr) |
| County | Wood County, Texas |
| RRC district | 06 |
| Lease number | 05173 |
| Wellbores | 1 |
| Reported production | 9,122 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $357K |
Where REPUBLIC INSURANCE CO. 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.