REDFEARN
REDFEARN is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Best Petroleum Explorations,Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2008 to August 2026, totalling 29,566 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 $500K, with roughly $93K 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 115 barrels a month. Its strongest month on the record we hold was August 2024, at 265 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 REDFEARN
- Who operates REDFEARN?
- REDFEARN is operated by Best Petroleum Explorations,Inc., Railroad Commission of Texas operator number 068287.
- Where is REDFEARN?
- REDFEARN is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31157.
- Is REDFEARN still producing?
- REDFEARN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REDFEARN is August 2026.
- How much has REDFEARN produced?
- REDFEARN has reported 29,566 barrels of oil (bbl) to the Railroad Commission of Texas between December 2008 and August 2026, from 1 wellbore.
- How much is REDFEARN worth?
- The remaining production from REDFEARN is estimated to be worth about $500K in total as of 27 August 2026, within a range of $390K to $610K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REDFEARN is a fraction of it. The estimate fits an Arps decline curve to the production REDFEARN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REDFEARN is an estimate of value, not an offer and not an appraisal.
- How much income does REDFEARN generate in a year?
- REDFEARN is forecast to net about $93K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in REDFEARN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Best Petroleum Explorations,Inc. |
|---|---|
| Field | Lost Valley (Caddo) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 31157 |
| Wellbores | 1 |
| Reported production | 29,566 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $500K |
Where REDFEARN 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.