REIDLAND
REIDLAND is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Lyn-San Company. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 82,254 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 $861K, with roughly $151K 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 150 barrels a month, about 25 per wellbore. Its strongest month on the record we hold was May 2018, at 243 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 REIDLAND
- Who operates REIDLAND?
- REIDLAND is operated by Lyn-San Company, Railroad Commission of Texas operator number 515400.
- Where is REIDLAND?
- REIDLAND is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 27669.
- Is REIDLAND still producing?
- REIDLAND is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REIDLAND is August 2026.
- How much has REIDLAND produced?
- REIDLAND has reported 82,254 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is REIDLAND worth?
- The remaining production from REIDLAND is estimated to be worth about $861K in total as of 27 August 2026, within a range of $672K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REIDLAND is a fraction of it. The estimate fits an Arps decline curve to the production REIDLAND has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REIDLAND is an estimate of value, not an offer and not an appraisal.
- How much income does REIDLAND generate in a year?
- REIDLAND is forecast to net about $151K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in REIDLAND receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lyn-San Company |
|---|---|
| Field | Sand Hills (Mcknight) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 27669 |
| Wellbores | 6 |
| Reported production | 82,254 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $861K |
Where REIDLAND 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.