RED WOLF
RED WOLF is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Big Mountain Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2026 to August 2026, totalling 9,579 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 $6.2M, with roughly $1.4M 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 2,096 barrels a month. Its strongest month on the record we hold was March 2026, at 3,654 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 RED WOLF
- Who operates RED WOLF?
- RED WOLF is operated by Big Mountain Operating LLC, Railroad Commission of Texas operator number 069510.
- Where is RED WOLF?
- RED WOLF is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71514.
- Is RED WOLF still producing?
- RED WOLF is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RED WOLF is August 2026.
- How much has RED WOLF produced?
- RED WOLF has reported 9,579 barrels of oil (bbl) to the Railroad Commission of Texas between January 2026 and August 2026, from 1 wellbore.
- How much is RED WOLF worth?
- The remaining production from RED WOLF is estimated to be worth about $6.2M in total as of 27 August 2026, within a range of $5.1M to $7.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RED WOLF is a fraction of it. The estimate fits an Arps decline curve to the production RED WOLF has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RED WOLF is an estimate of value, not an offer and not an appraisal.
- How much income does RED WOLF generate in a year?
- RED WOLF is forecast to net about $1.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RED WOLF receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Big Mountain Operating LLC |
|---|---|
| Field | Tex-Flor (Wolfcamp) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 71514 |
| Wellbores | 1 |
| Reported production | 9,579 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.2M |
Where RED WOLF 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.