RIPPLE UNIT 1

RIPPLE UNIT 1 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Xto Energy Inc. It has 7 wellbores on file with the Commission. Reported production runs from June 2024 to August 2026, totalling 1,937,355 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $1.7M, with roughly $1.1M expected over the next twelve months.

OperatorXto Energy Inc.
FieldSpraberry (Trend Area)
CountyMartin County, Texas
RRC district08
Lease number62371
Wellbores7
Reported production1,937,355 bbl
First reportedJune 2024
Last reportedAugust 2026
Estimated royalty value$1.7M

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.