RADER 251
RADER 251 is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Eog Resources, Inc. It has 3 wellbores on file with the Commission. Reported production runs from July 2012 to August 2026, totalling 183,704 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 $1.2M, with roughly $198K 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 153 barrels a month, about 51 per wellbore. Its strongest month on the record we hold was May 2016, at 669 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 RADER 251
- Who operates RADER 251?
- RADER 251 is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is RADER 251?
- RADER 251 is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08690.
- Is RADER 251 still producing?
- RADER 251 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RADER 251 is August 2026.
- How much has RADER 251 produced?
- RADER 251 has reported 183,704 barrels of oil (bbl) to the Railroad Commission of Texas between July 2012 and August 2026, from 3 wellbores.
- How much is RADER 251 worth?
- The remaining production from RADER 251 is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $965K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RADER 251 is a fraction of it. The estimate fits an Arps decline curve to the production RADER 251 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RADER 251 is an estimate of value, not an offer and not an appraisal.
- How much income does RADER 251 generate in a year?
- RADER 251 is forecast to net about $198K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RADER 251 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 08690 |
| Wellbores | 3 |
| Reported production | 183,704 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where RADER 251 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.