RICE, EFFIE
RICE, EFFIE is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by Bogdanich, John P. It has 1 wellbore on file with the Commission. Reported production runs from August 2012 to August 2026, totalling 27,109 barrels. The lease is intermittent. 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 $207K, with roughly $40K 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 42 barrels a month. Its strongest month on the record we hold was September 2021, at 269 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 RICE, EFFIE
- Who operates RICE, EFFIE?
- RICE, EFFIE is operated by Bogdanich, John P., Railroad Commission of Texas operator number 078407.
- Where is RICE, EFFIE?
- RICE, EFFIE is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 08758.
- Is RICE, EFFIE still producing?
- RICE, EFFIE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for RICE, EFFIE is August 2026.
- How much has RICE, EFFIE produced?
- RICE, EFFIE has reported 27,109 barrels of oil (bbl) to the Railroad Commission of Texas between August 2012 and August 2026, from 1 wellbore.
- How much is RICE, EFFIE worth?
- The remaining production from RICE, EFFIE is estimated to be worth about $207K in total as of 26 August 2026, within a range of $114K to $300K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICE, EFFIE is a fraction of it. The estimate fits an Arps decline curve to the production RICE, EFFIE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICE, EFFIE is an estimate of value, not an offer and not an appraisal.
- How much income does RICE, EFFIE generate in a year?
- RICE, EFFIE is forecast to net about $40K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RICE, EFFIE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bogdanich, John P. |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 08758 |
| Wellbores | 1 |
| Reported production | 27,109 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $207K |
Where RICE, EFFIE 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.