PEACH E 231-224
PEACH E 231-224 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by RP Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from January 2023 to August 2026, totalling 177,598 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 $5.2M, with roughly $1.4M 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 1,890 barrels a month. Its strongest month on the record we hold was March 2023, at 15,561 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 PEACH E 231-224
- Who operates PEACH E 231-224?
- PEACH E 231-224 is operated by RP Operating, L.L.C., Railroad Commission of Texas operator number 732229.
- Where is PEACH E 231-224?
- PEACH E 231-224 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22044.
- Is PEACH E 231-224 still producing?
- PEACH E 231-224 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEACH E 231-224 is August 2026.
- How much has PEACH E 231-224 produced?
- PEACH E 231-224 has reported 177,598 barrels of oil (bbl) to the Railroad Commission of Texas between January 2023 and August 2026, from 1 wellbore.
- How much is PEACH E 231-224 worth?
- The remaining production from PEACH E 231-224 is estimated to be worth about $5.2M in total as of 26 August 2026, within a range of $4.3M to $6.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEACH E 231-224 is a fraction of it. The estimate fits an Arps decline curve to the production PEACH E 231-224 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEACH E 231-224 is an estimate of value, not an offer and not an appraisal.
- How much income does PEACH E 231-224 generate in a year?
- PEACH E 231-224 is forecast to net about $1.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PEACH E 231-224 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | RP Operating, L.L.C. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 22044 |
| Wellbores | 1 |
| Reported production | 177,598 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.2M |
Where PEACH E 231-224 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.