DEEP ROCK
DEEP ROCK is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Ica Energy Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from March 2021 to August 2026, totalling 120,026 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 $322K, with roughly $177K 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 383 barrels a month. Its strongest month on the record we hold was April 2021, at 12,747 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 DEEP ROCK
- Who operates DEEP ROCK?
- DEEP ROCK is operated by Ica Energy Operating, L.L.C., Railroad Commission of Texas operator number 421777.
- Where is DEEP ROCK?
- DEEP ROCK is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56839.
- Is DEEP ROCK still producing?
- DEEP ROCK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DEEP ROCK is August 2026.
- How much has DEEP ROCK produced?
- DEEP ROCK has reported 120,026 barrels of oil (bbl) to the Railroad Commission of Texas between March 2021 and August 2026, from 1 wellbore.
- How much is DEEP ROCK worth?
- The remaining production from DEEP ROCK is estimated to be worth about $322K in total as of 26 August 2026, within a range of $251K to $393K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DEEP ROCK is a fraction of it. The estimate fits an Arps decline curve to the production DEEP ROCK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DEEP ROCK is an estimate of value, not an offer and not an appraisal.
- How much income does DEEP ROCK generate in a year?
- DEEP ROCK is forecast to net about $177K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DEEP ROCK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ica Energy Operating, L.L.C. |
|---|---|
| Field | Shafter Lake (San Andres) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 56839 |
| Wellbores | 1 |
| Reported production | 120,026 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $322K |
Where DEEP ROCK 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.