RILEY, T. S. "B" TRACT "2"
RILEY, T. S. "B" TRACT "2" is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Amoco Production Company. It has 17 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 945,077 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 $1.9M, with roughly $505K 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 745 barrels a month, about 44 per wellbore. Its strongest month on the record we hold was July 2016, at 2,334 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 RILEY, T. S. "B" TRACT "2"
- Who operates RILEY, T. S. "B" TRACT "2"?
- RILEY, T. S. "B" TRACT "2" is operated by Amoco Production Company, Railroad Commission of Texas operator number 020425.
- Where is RILEY, T. S. "B" TRACT "2"?
- RILEY, T. S. "B" TRACT "2" is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 00579.
- Is RILEY, T. S. "B" TRACT "2" still producing?
- RILEY, T. S. "B" TRACT "2" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RILEY, T. S. "B" TRACT "2" is August 2026.
- How much has RILEY, T. S. "B" TRACT "2" produced?
- RILEY, T. S. "B" TRACT "2" has reported 945,077 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 17 wellbores.
- How much is RILEY, T. S. "B" TRACT "2" worth?
- The remaining production from RILEY, T. S. "B" TRACT "2" is estimated to be worth about $1.9M in total as of 26 August 2026, within a range of $1.5M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RILEY, T. S. "B" TRACT "2" is a fraction of it. The estimate fits an Arps decline curve to the production RILEY, T. S. "B" TRACT "2" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RILEY, T. S. "B" TRACT "2" is an estimate of value, not an offer and not an appraisal.
- How much income does RILEY, T. S. "B" TRACT "2" generate in a year?
- RILEY, T. S. "B" TRACT "2" is forecast to net about $505K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RILEY, T. S. "B" TRACT "2" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amoco Production Company |
|---|---|
| Field | Cedar Lake |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 00579 |
| Wellbores | 17 |
| Reported production | 945,077 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where RILEY, T. S. "B" TRACT "2" 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.