REDUS
REDUS is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Blanco Oil Co. It has 2 wellbores on file with the Commission. Reported production runs from February 1994 to August 2026, totalling 77,815 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 $718K, with roughly $138K 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 183 barrels a month, about 92 per wellbore. Its strongest month on the record we hold was November 2020, at 355 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 REDUS
- Who operates REDUS?
- REDUS is operated by Blanco Oil Co., Railroad Commission of Texas operator number 074900.
- Where is REDUS?
- REDUS is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 34110.
- Is REDUS still producing?
- REDUS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REDUS is August 2026.
- How much has REDUS produced?
- REDUS has reported 77,815 barrels of oil (bbl) to the Railroad Commission of Texas between February 1994 and August 2026, from 2 wellbores.
- How much is REDUS worth?
- The remaining production from REDUS is estimated to be worth about $718K in total as of 26 August 2026, within a range of $560K to $876K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REDUS is a fraction of it. The estimate fits an Arps decline curve to the production REDUS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REDUS is an estimate of value, not an offer and not an appraisal.
- How much income does REDUS generate in a year?
- REDUS is forecast to net about $138K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in REDUS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Blanco Oil Co. |
|---|---|
| Field | Fullerton (San Andres) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 34110 |
| Wellbores | 2 |
| Reported production | 77,815 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $718K |
Where REDUS 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.