RED RYDER UNIT
RED RYDER UNIT is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Admiral Permian Operating Llc. It has 3 wellbores on file with the Commission. Reported production runs from December 2025 to August 2026, totalling 495,203 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $2.0M, with roughly $1.1M expected over the next twelve months.
| Operator | Admiral Permian Operating Llc |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 65039 |
| Wellbores | 3 |
| Reported production | 495,203 bbl |
| First reported | December 2025 |
| Last reported | August 2026 |
| Estimated royalty value | $2.0M |
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.