REN STATE 13-14B
REN STATE 13-14B 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 April 2022 to August 2026, totalling 470,762 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 $9.3M, with roughly $3.5M 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 5,901 barrels a month. Its strongest month on the record we hold was May 2022, at 41,623 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 REN STATE 13-14B
- Who operates REN STATE 13-14B?
- REN STATE 13-14B is operated by WPX Energy Permian, LLC, Railroad Commission of Texas operator number 942623.
- Where is REN STATE 13-14B?
- REN STATE 13-14B is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 57288.
- Is REN STATE 13-14B still producing?
- REN STATE 13-14B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REN STATE 13-14B is August 2026.
- How much has REN STATE 13-14B produced?
- REN STATE 13-14B has reported 470,762 barrels of oil (bbl) to the Railroad Commission of Texas between April 2022 and August 2026, from 1 wellbore.
- How much is REN STATE 13-14B worth?
- The remaining production from REN STATE 13-14B is estimated to be worth about $9.3M in total as of 27 August 2026, within a range of $7.7M to $10.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REN STATE 13-14B is a fraction of it. The estimate fits an Arps decline curve to the production REN STATE 13-14B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REN STATE 13-14B is an estimate of value, not an offer and not an appraisal.
- How much income does REN STATE 13-14B generate in a year?
- REN STATE 13-14B is forecast to net about $3.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in REN STATE 13-14B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | WPX Energy Permian, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 57288 |
| Wellbores | 1 |
| Reported production | 470,762 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.3M |
Where REN STATE 13-14B 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.