RIDDLE
RIDDLE is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Roseland Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 50,577 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 $624K, with roughly $120K 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 112 barrels a month. Its strongest month on the record we hold was January 2018, at 191 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 RIDDLE
- Who operates RIDDLE?
- RIDDLE is operated by Roseland Oil & Gas, Inc., Railroad Commission of Texas operator number 728255.
- Where is RIDDLE?
- RIDDLE is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 15784.
- Is RIDDLE still producing?
- RIDDLE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RIDDLE is August 2026.
- How much has RIDDLE produced?
- RIDDLE has reported 50,577 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is RIDDLE worth?
- The remaining production from RIDDLE is estimated to be worth about $624K in total as of 26 August 2026, within a range of $487K to $761K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RIDDLE is a fraction of it. The estimate fits an Arps decline curve to the production RIDDLE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RIDDLE is an estimate of value, not an offer and not an appraisal.
- How much income does RIDDLE generate in a year?
- RIDDLE is forecast to net about $120K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RIDDLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Roseland Oil & Gas, Inc. |
|---|---|
| Field | Dillard, Se. (Ellenburger) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 15784 |
| Wellbores | 1 |
| Reported production | 50,577 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $624K |
Where RIDDLE 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.