REDONION
REDONION is a Texas oil lease in Terry County, Railroad Commission district 8A, operated by Great Western Drilling Company. It has 1 wellbore on file with the Commission. Reported production runs from March 2018 to August 2026, totalling 17,987 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 $9K, with roughly $2K expected over the next twelve months.
| Operator | Great Western Drilling Company |
|---|---|
| Field | Tokio, South (Leonard) |
| County | Terry County, Texas |
| RRC district | 8A |
| Lease number | 70774 |
| Wellbores | 1 |
| Reported production | 17,987 bbl |
| First reported | March 2018 |
| Last reported | August 2026 |
| Estimated royalty value | $9K |
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.