RICH
RICH is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Cholla Petroleum, Inc. It has 3 wellbores on file with the Commission. Reported production runs from April 1998 to August 2026, totalling 30,855 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 $520, with roughly $100 expected over the next twelve months.
| Operator | Cholla Petroleum, Inc. |
|---|---|
| Field | Bowers (Granite Wash) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 29509 |
| Wellbores | 3 |
| Reported production | 30,855 bbl |
| First reported | April 1998 |
| Last reported | August 2026 |
| Estimated royalty value | $520 |
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.