RIDGEBACK
RIDGEBACK is a Texas oil lease in Brazos County, Railroad Commission district 05, operated by Halcon Operating Co., Inc. It has 2 wellbores on file with the Commission. Reported production runs from November 2013 to August 2026, totalling 360,857 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 $3.4M, with roughly $756K 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 1,105 barrels a month, about 553 per wellbore. Its strongest month on the record we hold was March 2018, at 10,787 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 RIDGEBACK
- Who operates RIDGEBACK?
- RIDGEBACK is operated by Halcon Operating Co., Inc., Railroad Commission of Texas operator number 344412.
- Where is RIDGEBACK?
- RIDGEBACK is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 04120.
- Is RIDGEBACK still producing?
- RIDGEBACK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RIDGEBACK is August 2026.
- How much has RIDGEBACK produced?
- RIDGEBACK has reported 360,857 barrels of oil (bbl) to the Railroad Commission of Texas between November 2013 and August 2026, from 2 wellbores.
- How much is RIDGEBACK worth?
- The remaining production from RIDGEBACK is estimated to be worth about $3.4M in total as of 26 August 2026, within a range of $2.8M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RIDGEBACK is a fraction of it. The estimate fits an Arps decline curve to the production RIDGEBACK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RIDGEBACK is an estimate of value, not an offer and not an appraisal.
- How much income does RIDGEBACK generate in a year?
- RIDGEBACK is forecast to net about $756K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RIDGEBACK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Halcon Operating Co., Inc. |
|---|---|
| Field | Aguila Vado (Eagleford) |
| County | Brazos County, Texas |
| RRC district | 05 |
| Lease number | 04120 |
| Wellbores | 2 |
| Reported production | 360,857 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.4M |
Where RIDGEBACK 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.