RIALTO 23
RIALTO 23 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Oxy USA WTP LP. It has 1 wellbore on file with the Commission. Reported production runs from July 2015 to August 2026, totalling 250,565 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 $916K, with roughly $300K 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 425 barrels a month. Its strongest month on the record we hold was April 2019, at 5,698 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 RIALTO 23
- Who operates RIALTO 23?
- RIALTO 23 is operated by Oxy USA WTP LP, Railroad Commission of Texas operator number 630555.
- Where is RIALTO 23?
- RIALTO 23 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47163.
- Is RIALTO 23 still producing?
- RIALTO 23 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RIALTO 23 is August 2026.
- How much has RIALTO 23 produced?
- RIALTO 23 has reported 250,565 barrels of oil (bbl) to the Railroad Commission of Texas between July 2015 and August 2026, from 1 wellbore.
- How much is RIALTO 23 worth?
- The remaining production from RIALTO 23 is estimated to be worth about $916K in total as of 27 August 2026, within a range of $714K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RIALTO 23 is a fraction of it. The estimate fits an Arps decline curve to the production RIALTO 23 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RIALTO 23 is an estimate of value, not an offer and not an appraisal.
- How much income does RIALTO 23 generate in a year?
- RIALTO 23 is forecast to net about $300K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RIALTO 23 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA WTP LP |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 47163 |
| Wellbores | 1 |
| Reported production | 250,565 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $916K |
Where RIALTO 23 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.