RITCHIE WATERFLOOD UNIT
RITCHIE WATERFLOOD UNIT is a Texas oil lease in Palo Pinto County, Railroad Commission district 7B, operated by Strand Energy, L.C. It has 11 wellbores on file with the Commission. Reported production runs from March 2006 to August 2026, totalling 24,638 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 $1K, with roughly $200 expected over the next twelve months.
| Operator | Strand Energy, L.C. |
|---|---|
| Field | Palo Pinto County Regular |
| County | Palo Pinto County, Texas |
| RRC district | 7B |
| Lease number | 29700 |
| Wellbores | 11 |
| Reported production | 24,638 bbl |
| First reported | March 2006 |
| Last reported | August 2026 |
| Estimated royalty value | $1K |
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.