ROPES CANYON REEF UNIT
ROPES CANYON REEF UNIT is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Salt Creek Oil Corporation. It has 35 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 732,598 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 $551K, with roughly $184K 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 211 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was April 2017, at 2,076 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 ROPES CANYON REEF UNIT
- Who operates ROPES CANYON REEF UNIT?
- ROPES CANYON REEF UNIT is operated by Salt Creek Oil Corporation, Railroad Commission of Texas operator number 744275.
- Where is ROPES CANYON REEF UNIT?
- ROPES CANYON REEF UNIT is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 13852.
- Is ROPES CANYON REEF UNIT still producing?
- ROPES CANYON REEF UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ROPES CANYON REEF UNIT is August 2026.
- How much has ROPES CANYON REEF UNIT produced?
- ROPES CANYON REEF UNIT has reported 732,598 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 35 wellbores.
- How much is ROPES CANYON REEF UNIT worth?
- The remaining production from ROPES CANYON REEF UNIT is estimated to be worth about $551K in total as of 27 August 2026, within a range of $430K to $672K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ROPES CANYON REEF UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ROPES CANYON REEF UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ROPES CANYON REEF UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does ROPES CANYON REEF UNIT generate in a year?
- ROPES CANYON REEF UNIT is forecast to net about $184K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ROPES CANYON REEF UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Salt Creek Oil Corporation |
|---|---|
| Field | Ropes |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 13852 |
| Wellbores | 35 |
| Reported production | 732,598 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $551K |
Where ROPES CANYON REEF 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.