RED DEVIL 12
RED DEVIL 12 is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Nadel And Gussman Permian,L.L.C. It has 2 wellbores on file with the Commission. Reported production runs from April 2011 to August 2026, totalling 151,234 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 $674K, with roughly $118K 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 107 barrels a month, about 53 per wellbore. Its strongest month on the record we hold was May 2018, at 1,109 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 DEVIL 12
- Who operates RED DEVIL 12?
- RED DEVIL 12 is operated by Nadel And Gussman Permian,L.L.C., Railroad Commission of Texas operator number 598940.
- Where is RED DEVIL 12?
- RED DEVIL 12 is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41749.
- Is RED DEVIL 12 still producing?
- RED DEVIL 12 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RED DEVIL 12 is August 2026.
- How much has RED DEVIL 12 produced?
- RED DEVIL 12 has reported 151,234 barrels of oil (bbl) to the Railroad Commission of Texas between April 2011 and August 2026, from 2 wellbores.
- How much is RED DEVIL 12 worth?
- The remaining production from RED DEVIL 12 is estimated to be worth about $674K in total as of 26 August 2026, within a range of $526K to $822K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RED DEVIL 12 is a fraction of it. The estimate fits an Arps decline curve to the production RED DEVIL 12 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RED DEVIL 12 is an estimate of value, not an offer and not an appraisal.
- How much income does RED DEVIL 12 generate in a year?
- RED DEVIL 12 is forecast to net about $118K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RED DEVIL 12 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Nadel And Gussman Permian,L.L.C. |
|---|---|
| Field | Clyde-Reynolds (Wolfcamp Cons.) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 41749 |
| Wellbores | 2 |
| Reported production | 151,234 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $674K |
Where RED DEVIL 12 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.