RENDLEMAN
RENDLEMAN is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Myriad Resources Corporation. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 14,640 barrels. The lease is intermittent. 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 $12K, with roughly $2K 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 2 barrels a month. Its strongest month on the record we hold was January 2019, at 33 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 RENDLEMAN
- Who operates RENDLEMAN?
- RENDLEMAN is operated by Myriad Resources Corporation, Railroad Commission of Texas operator number 598292.
- Where is RENDLEMAN?
- RENDLEMAN is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 04945.
- Is RENDLEMAN still producing?
- RENDLEMAN is intermittent. The most recent month of production reported to the Railroad Commission of Texas for RENDLEMAN is August 2026.
- How much has RENDLEMAN produced?
- RENDLEMAN has reported 14,640 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is RENDLEMAN worth?
- The remaining production from RENDLEMAN is estimated to be worth about $12K in total as of 26 August 2026, within a range of $0 to $25K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RENDLEMAN is a fraction of it. The estimate fits an Arps decline curve to the production RENDLEMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RENDLEMAN is an estimate of value, not an offer and not an appraisal.
- How much income does RENDLEMAN generate in a year?
- RENDLEMAN is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RENDLEMAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Myriad Resources Corporation |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 04945 |
| Wellbores | 4 |
| Reported production | 14,640 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12K |
Where RENDLEMAN 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.