RILEY, ROBERT J. "377"
RILEY, ROBERT J. "377" is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Fasken, Barbara. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 26,853 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 $84K, with roughly $16K 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 21 barrels a month, about 10 per wellbore. Its strongest month on the record we hold was October 2016, at 104 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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, ROBERT J. "377"
- Who operates RILEY, ROBERT J. "377"?
- RILEY, ROBERT J. "377" is operated by Fasken, Barbara, Railroad Commission of Texas operator number 263695.
- Where is RILEY, ROBERT J. "377"?
- RILEY, ROBERT J. "377" is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 60087.
- Is RILEY, ROBERT J. "377" still producing?
- RILEY, ROBERT J. "377" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RILEY, ROBERT J. "377" is August 2026.
- How much has RILEY, ROBERT J. "377" produced?
- RILEY, ROBERT J. "377" has reported 26,853 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is RILEY, ROBERT J. "377" worth?
- The remaining production from RILEY, ROBERT J. "377" is estimated to be worth about $84K in total as of 26 August 2026, within a range of $46K to $122K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RILEY, ROBERT J. "377" is a fraction of it. The estimate fits an Arps decline curve to the production RILEY, ROBERT J. "377" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RILEY, ROBERT J. "377" is an estimate of value, not an offer and not an appraisal.
- How much income does RILEY, ROBERT J. "377" generate in a year?
- RILEY, ROBERT J. "377" is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RILEY, ROBERT J. "377" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fasken, Barbara |
|---|---|
| Field | Bale (San Andres 5500) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 60087 |
| Wellbores | 2 |
| Reported production | 26,853 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $84K |
Where RILEY, ROBERT J. "377" 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.