DAILEY, R.S.
DAILEY, R.S. is a Texas oil lease in Houston County, Railroad Commission district 06, operated by Ridge Petroleum Inc. It has 2 wellbores on file with the Commission. Reported production runs from September 2005 to August 2026, totalling 23,600 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 $552K, with roughly $171K 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 276 barrels a month, about 138 per wellbore. Its strongest month on the record we hold was December 2018, at 2,391 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 DAILEY, R.S.
- Who operates DAILEY, R.S.?
- DAILEY, R.S. is operated by Ridge Petroleum Inc., Railroad Commission of Texas operator number 711106.
- Where is DAILEY, R.S.?
- DAILEY, R.S. is a Texas oil lease in Houston County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 14434.
- Is DAILEY, R.S. still producing?
- DAILEY, R.S. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAILEY, R.S. is August 2026.
- How much has DAILEY, R.S. produced?
- DAILEY, R.S. has reported 23,600 barrels of oil (bbl) to the Railroad Commission of Texas between September 2005 and August 2026, from 2 wellbores.
- How much is DAILEY, R.S. worth?
- The remaining production from DAILEY, R.S. is estimated to be worth about $552K in total as of 26 August 2026, within a range of $431K to $674K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAILEY, R.S. is a fraction of it. The estimate fits an Arps decline curve to the production DAILEY, R.S. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAILEY, R.S. is an estimate of value, not an offer and not an appraisal.
- How much income does DAILEY, R.S. generate in a year?
- DAILEY, R.S. is forecast to net about $171K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DAILEY, R.S. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ridge Petroleum Inc. |
|---|---|
| Field | Navarro Crossing (Woodbine) |
| County | Houston County, Texas |
| RRC district | 06 |
| Lease number | 14434 |
| Wellbores | 2 |
| Reported production | 23,600 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $552K |
Where DAILEY, R.S. 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.