RIAZUL
RIAZUL is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Gordy Oil Company. It has 2 wellbores on file with the Commission. Reported production runs from February 2020 to August 2026, totalling 313,882 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 $4.4M, with roughly $1.2M 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 1,585 barrels a month, about 793 per wellbore. Its strongest month on the record we hold was March 2020, at 18,187 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 RIAZUL
- Who operates RIAZUL?
- RIAZUL is operated by Gordy Oil Company, Railroad Commission of Texas operator number 317150.
- Where is RIAZUL?
- RIAZUL is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54545.
- Is RIAZUL still producing?
- RIAZUL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RIAZUL is August 2026.
- How much has RIAZUL produced?
- RIAZUL has reported 313,882 barrels of oil (bbl) to the Railroad Commission of Texas between February 2020 and August 2026, from 2 wellbores.
- How much is RIAZUL worth?
- The remaining production from RIAZUL is estimated to be worth about $4.4M in total as of 26 August 2026, within a range of $3.7M to $5.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RIAZUL is a fraction of it. The estimate fits an Arps decline curve to the production RIAZUL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RIAZUL is an estimate of value, not an offer and not an appraisal.
- How much income does RIAZUL generate in a year?
- RIAZUL is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RIAZUL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gordy Oil Company |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 54545 |
| Wellbores | 2 |
| Reported production | 313,882 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.4M |
Where RIAZUL 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.