CUPID
CUPID is a Texas oil lease in Gaines County, Railroad Commission district 08, operated by Ring Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2017 to August 2026, totalling 45,760 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 $976K, with roughly $218K 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 393 barrels a month. Its strongest month on the record we hold was November 2017, at 3,510 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 CUPID
- Who operates CUPID?
- CUPID is operated by Ring Energy, Inc., Railroad Commission of Texas operator number 712382.
- Where is CUPID?
- CUPID is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50041.
- Is CUPID still producing?
- CUPID is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CUPID is August 2026.
- How much has CUPID produced?
- CUPID has reported 45,760 barrels of oil (bbl) to the Railroad Commission of Texas between October 2017 and August 2026, from 1 wellbore.
- How much is CUPID worth?
- The remaining production from CUPID is estimated to be worth about $976K in total as of 27 August 2026, within a range of $761K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CUPID is a fraction of it. The estimate fits an Arps decline curve to the production CUPID has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CUPID is an estimate of value, not an offer and not an appraisal.
- How much income does CUPID generate in a year?
- CUPID is forecast to net about $218K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CUPID receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ring Energy, Inc. |
|---|---|
| Field | Block A-34 (San Andres) |
| County | Gaines County, Texas |
| RRC district | 08 |
| Lease number | 50041 |
| Wellbores | 1 |
| Reported production | 45,760 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $976K |
Where CUPID 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.