RED ROCK B
RED ROCK B is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Centennial Resource Prod, LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2018 to August 2026, totalling 374,659 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 $2.9M, with roughly $741K 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 929 barrels a month. Its strongest month on the record we hold was July 2018, at 34,138 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 RED ROCK B
- Who operates RED ROCK B?
- RED ROCK B is operated by Centennial Resource Prod, LLC, Railroad Commission of Texas operator number 141077.
- Where is RED ROCK B?
- RED ROCK B is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51021.
- Is RED ROCK B still producing?
- RED ROCK B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RED ROCK B is August 2026.
- How much has RED ROCK B produced?
- RED ROCK B has reported 374,659 barrels of oil (bbl) to the Railroad Commission of Texas between June 2018 and August 2026, from 1 wellbore.
- How much is RED ROCK B worth?
- The remaining production from RED ROCK B is estimated to be worth about $2.9M in total as of 27 August 2026, within a range of $2.3M to $3.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RED ROCK B is a fraction of it. The estimate fits an Arps decline curve to the production RED ROCK B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RED ROCK B is an estimate of value, not an offer and not an appraisal.
- How much income does RED ROCK B generate in a year?
- RED ROCK B is forecast to net about $741K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RED ROCK B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Centennial Resource Prod, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 51021 |
| Wellbores | 1 |
| Reported production | 374,659 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.9M |
Where RED ROCK B 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.