REID, BOB
REID, BOB is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Topat Oil Corporation. It has 5 wellbores on file with the Commission. Reported production runs from June 1995 to August 2026, totalling 15,794 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 $515K, with roughly $99K 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 104 barrels a month, about 21 per wellbore. Its strongest month on the record we hold was August 2024, at 296 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 REID, BOB
- Who operates REID, BOB?
- REID, BOB is operated by Topat Oil Corporation, Railroad Commission of Texas operator number 862505.
- Where is REID, BOB?
- REID, BOB is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 34564.
- Is REID, BOB still producing?
- REID, BOB is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REID, BOB is August 2026.
- How much has REID, BOB produced?
- REID, BOB has reported 15,794 barrels of oil (bbl) to the Railroad Commission of Texas between June 1995 and August 2026, from 5 wellbores.
- How much is REID, BOB worth?
- The remaining production from REID, BOB is estimated to be worth about $515K in total as of 26 August 2026, within a range of $401K to $628K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REID, BOB is a fraction of it. The estimate fits an Arps decline curve to the production REID, BOB has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REID, BOB is an estimate of value, not an offer and not an appraisal.
- How much income does REID, BOB generate in a year?
- REID, BOB is forecast to net about $99K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in REID, BOB receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Topat Oil Corporation |
|---|---|
| Field | Toborg |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 34564 |
| Wellbores | 5 |
| Reported production | 15,794 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $515K |
Where REID, BOB 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.