RICK DINNER EAST K 1228-1227
RICK DINNER EAST K 1228-1227 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by De IV Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from February 2024 to August 2026, totalling 239,161 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 $9.7M, with roughly $3.3M 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 6,581 barrels a month, about 3,290 per wellbore. Its strongest month on the record we hold was July 2024, at 21,816 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 RICK DINNER EAST K 1228-1227
- Who operates RICK DINNER EAST K 1228-1227?
- RICK DINNER EAST K 1228-1227 is operated by De IV Operating, LLC, Railroad Commission of Texas operator number 100168.
- Where is RICK DINNER EAST K 1228-1227?
- RICK DINNER EAST K 1228-1227 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22448.
- Is RICK DINNER EAST K 1228-1227 still producing?
- RICK DINNER EAST K 1228-1227 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RICK DINNER EAST K 1228-1227 is August 2026.
- How much has RICK DINNER EAST K 1228-1227 produced?
- RICK DINNER EAST K 1228-1227 has reported 239,161 barrels of oil (bbl) to the Railroad Commission of Texas between February 2024 and August 2026, from 2 wellbores.
- How much is RICK DINNER EAST K 1228-1227 worth?
- The remaining production from RICK DINNER EAST K 1228-1227 is estimated to be worth about $9.7M in total as of 26 August 2026, within a range of $8.0M to $11.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICK DINNER EAST K 1228-1227 is a fraction of it. The estimate fits an Arps decline curve to the production RICK DINNER EAST K 1228-1227 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICK DINNER EAST K 1228-1227 is an estimate of value, not an offer and not an appraisal.
- How much income does RICK DINNER EAST K 1228-1227 generate in a year?
- RICK DINNER EAST K 1228-1227 is forecast to net about $3.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RICK DINNER EAST K 1228-1227 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | De IV Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 22448 |
| Wellbores | 2 |
| Reported production | 239,161 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.7M |
Where RICK DINNER EAST K 1228-1227 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.