RIVER BEND DEVONIAN UNIT
RIVER BEND DEVONIAN UNIT is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Prize Operating Company. It has 20 wellbores on file with the Commission. Reported production runs from June 2000 to August 2026, totalling 3,349,375 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 $2.7M, with roughly $1.2M 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 2,100 barrels a month, about 105 per wellbore. Its strongest month on the record we hold was May 2016, at 11,853 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 RIVER BEND DEVONIAN UNIT
- Who operates RIVER BEND DEVONIAN UNIT?
- RIVER BEND DEVONIAN UNIT is operated by Prize Operating Company, Railroad Commission of Texas operator number 679278.
- Where is RIVER BEND DEVONIAN UNIT?
- RIVER BEND DEVONIAN UNIT is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 36305.
- Is RIVER BEND DEVONIAN UNIT still producing?
- RIVER BEND DEVONIAN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RIVER BEND DEVONIAN UNIT is August 2026.
- How much has RIVER BEND DEVONIAN UNIT produced?
- RIVER BEND DEVONIAN UNIT has reported 3,349,375 barrels of oil (bbl) to the Railroad Commission of Texas between June 2000 and August 2026, from 20 wellbores.
- How much is RIVER BEND DEVONIAN UNIT worth?
- The remaining production from RIVER BEND DEVONIAN UNIT is estimated to be worth about $2.7M in total as of 26 August 2026, within a range of $2.3M to $3.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RIVER BEND DEVONIAN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RIVER BEND DEVONIAN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RIVER BEND DEVONIAN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RIVER BEND DEVONIAN UNIT generate in a year?
- RIVER BEND DEVONIAN UNIT is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RIVER BEND DEVONIAN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Prize Operating Company |
|---|---|
| Field | P&P (Devonian) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 36305 |
| Wellbores | 20 |
| Reported production | 3,349,375 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.7M |
Where RIVER BEND DEVONIAN UNIT 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.