DAILEY, R.S.
DAILEY, R.S. is a Texas oil lease in Houston County, Railroad Commission district 06, operated by Ridge Petroleum Inc. It has 2 wellbores on file with the Commission. Reported production runs from September 2005 to August 2026, totalling 23,600 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 $13K, with roughly $4K expected over the next twelve months.
| Operator | Ridge Petroleum Inc. |
|---|---|
| Field | Navarro Crossing (Woodbine) |
| County | Houston County, Texas |
| RRC district | 06 |
| Lease number | 14434 |
| Wellbores | 2 |
| Reported production | 23,600 bbl |
| First reported | September 2005 |
| Last reported | August 2026 |
| Estimated royalty value | $13K |
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.