RED LAKE
RED LAKE is a Texas oil lease in Cochran County, Railroad Commission district 8A, operated by Yucca Energy, Inc. It has 2 wellbores on file with the Commission. Reported production runs from May 1998 to August 2026, totalling 127,337 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 $786K, with roughly $178K 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 268 barrels a month, about 134 per wellbore. Its strongest month on the record we hold was June 2020, at 513 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 RED LAKE
- Who operates RED LAKE?
- RED LAKE is operated by Yucca Energy, Inc., Railroad Commission of Texas operator number 950335.
- Where is RED LAKE?
- RED LAKE is a Texas oil lease in Cochran County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 67939.
- Is RED LAKE still producing?
- RED LAKE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RED LAKE is August 2026.
- How much has RED LAKE produced?
- RED LAKE has reported 127,337 barrels of oil (bbl) to the Railroad Commission of Texas between May 1998 and August 2026, from 2 wellbores.
- How much is RED LAKE worth?
- The remaining production from RED LAKE is estimated to be worth about $786K in total as of 26 August 2026, within a range of $613K to $958K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RED LAKE is a fraction of it. The estimate fits an Arps decline curve to the production RED LAKE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RED LAKE is an estimate of value, not an offer and not an appraisal.
- How much income does RED LAKE generate in a year?
- RED LAKE is forecast to net about $178K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RED LAKE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Yucca Energy, Inc. |
|---|---|
| Field | Levelland |
| County | Cochran County, Texas |
| RRC district | 8A |
| Lease number | 67939 |
| Wellbores | 2 |
| Reported production | 127,337 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $786K |
Where RED LAKE 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.