RED BLUFF 13-24B-57-1
RED BLUFF 13-24B-57-1 is a Texas oil lease in Loving County, Railroad Commission district 08, operated by WPX Energy Permian, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2024 to August 2026, totalling 289,051 barrels. The lease is intermittent. 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 $70.5M, with roughly $15.3M 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 22,923 barrels a month. Its strongest month on the record we hold was August 2025, at 52,079 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 13-24B-57-1
- Who operates RED BLUFF 13-24B-57-1?
- RED BLUFF 13-24B-57-1 is operated by WPX Energy Permian, LLC, Railroad Commission of Texas operator number 942623.
- Where is RED BLUFF 13-24B-57-1?
- RED BLUFF 13-24B-57-1 is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63555.
- Is RED BLUFF 13-24B-57-1 still producing?
- RED BLUFF 13-24B-57-1 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for RED BLUFF 13-24B-57-1 is August 2026.
- How much has RED BLUFF 13-24B-57-1 produced?
- RED BLUFF 13-24B-57-1 has reported 289,051 barrels of oil (bbl) to the Railroad Commission of Texas between December 2024 and August 2026, from 1 wellbore.
- How much is RED BLUFF 13-24B-57-1 worth?
- The remaining production from RED BLUFF 13-24B-57-1 is estimated to be worth about $70.5M in total as of 27 August 2026, within a range of $57.8M to $83.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RED BLUFF 13-24B-57-1 is a fraction of it. The estimate fits an Arps decline curve to the production RED BLUFF 13-24B-57-1 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 13-24B-57-1 is an estimate of value, not an offer and not an appraisal.
- How much income does RED BLUFF 13-24B-57-1 generate in a year?
- RED BLUFF 13-24B-57-1 is forecast to net about $15.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RED BLUFF 13-24B-57-1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | WPX Energy Permian, LLC |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 63555 |
| Wellbores | 1 |
| Reported production | 289,051 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $70.5M |
Where RED BLUFF 13-24B-57-1 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.