RICKER 38-45 C

RICKER 38-45 C is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Endeavor Energy Resources L.P. It has 1 wellbore on file with the Commission. Reported production runs from September 2023 to August 2026, totalling 179,208 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 $5.9M, with roughly $1.7M 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 1,779 barrels a month. Its strongest month on the record we hold was October 2023, at 38,349 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 RICKER 38-45 C

Who operates RICKER 38-45 C?
RICKER 38-45 C is operated by Endeavor Energy Resources L.P., Railroad Commission of Texas operator number 251726.
Where is RICKER 38-45 C?
RICKER 38-45 C is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22354.
Is RICKER 38-45 C still producing?
RICKER 38-45 C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RICKER 38-45 C is August 2026.
How much has RICKER 38-45 C produced?
RICKER 38-45 C has reported 179,208 barrels of oil (bbl) to the Railroad Commission of Texas between September 2023 and August 2026, from 1 wellbore.
How much is RICKER 38-45 C worth?
The remaining production from RICKER 38-45 C is estimated to be worth about $5.9M in total as of 27 August 2026, within a range of $4.9M to $6.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICKER 38-45 C is a fraction of it. The estimate fits an Arps decline curve to the production RICKER 38-45 C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICKER 38-45 C is an estimate of value, not an offer and not an appraisal.
How much income does RICKER 38-45 C generate in a year?
RICKER 38-45 C is forecast to net about $1.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RICKER 38-45 C receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

RICKER 38-45 C as filed with the Railroad Commission of Texas
OperatorEndeavor Energy Resources L.P.
FieldSpraberry (Trend Area)
CountyReagan County, Texas
RRC district7C
Lease number22354
Wellbores1
Reported production179,208 bbl
First reported
Last reported
Estimated royalty value$5.9M

Where RICKER 38-45 C 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.