RHINO 37
RHINO 37 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Thompson, J. Cleo. It has 1 wellbore on file with the Commission. Reported production runs from October 2013 to August 2026, totalling 18,514 barrels. The lease is intermittent. 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 $111K, with roughly $19K 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 15 barrels a month. Its strongest month on the record we hold was August 2021, at 409 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 RHINO 37
- Who operates RHINO 37?
- RHINO 37 is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is RHINO 37?
- RHINO 37 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44588.
- Is RHINO 37 still producing?
- RHINO 37 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for RHINO 37 is August 2026.
- How much has RHINO 37 produced?
- RHINO 37 has reported 18,514 barrels of oil (bbl) to the Railroad Commission of Texas between October 2013 and August 2026, from 1 wellbore.
- How much is RHINO 37 worth?
- The remaining production from RHINO 37 is estimated to be worth about $111K in total as of 27 August 2026, within a range of $61K to $161K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RHINO 37 is a fraction of it. The estimate fits an Arps decline curve to the production RHINO 37 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RHINO 37 is an estimate of value, not an offer and not an appraisal.
- How much income does RHINO 37 generate in a year?
- RHINO 37 is forecast to net about $19K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RHINO 37 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 44588 |
| Wellbores | 1 |
| Reported production | 18,514 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $111K |
Where RHINO 37 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.