RICE
RICE is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Southwestern Energy Prod. Co. It has 1 wellbore on file with the Commission. Reported production runs from June 1996 to August 2026, totalling 59,628 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 $4K, with roughly $816 expected over the next twelve months.
| Operator | Southwestern Energy Prod. Co. |
|---|---|
| Field | Clingingsmith (Basal Congl.) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 29165 |
| Wellbores | 1 |
| Reported production | 59,628 bbl |
| First reported | June 1996 |
| Last reported | August 2026 |
| Estimated royalty value | $4K |
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.