RED BLUFF 1 UNIT
RED BLUFF 1 UNIT is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Oxy USA Inc. It has 2 wellbores on file with the Commission. Reported production runs from December 2014 to August 2026, totalling 116,129 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 $4.0M, with roughly $877K 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 1,185 barrels a month, about 593 per wellbore. Its strongest month on the record we hold was November 2016, at 5,345 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 RED BLUFF 1 UNIT
- Who operates RED BLUFF 1 UNIT?
- RED BLUFF 1 UNIT is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
- Where is RED BLUFF 1 UNIT?
- RED BLUFF 1 UNIT is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45707.
- Is RED BLUFF 1 UNIT still producing?
- RED BLUFF 1 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RED BLUFF 1 UNIT is August 2026.
- How much has RED BLUFF 1 UNIT produced?
- RED BLUFF 1 UNIT has reported 116,129 barrels of oil (bbl) to the Railroad Commission of Texas between December 2014 and August 2026, from 2 wellbores.
- How much is RED BLUFF 1 UNIT worth?
- The remaining production from RED BLUFF 1 UNIT is estimated to be worth about $4.0M in total as of 26 August 2026, within a range of $3.3M to $4.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RED BLUFF 1 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RED BLUFF 1 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RED BLUFF 1 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RED BLUFF 1 UNIT generate in a year?
- RED BLUFF 1 UNIT is forecast to net about $877K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RED BLUFF 1 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA Inc. |
|---|---|
| Field | Red Bluff (Consolidated) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 45707 |
| Wellbores | 2 |
| Reported production | 116,129 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.0M |
Where RED BLUFF 1 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.