RICOCHET 29-40 UNIT
RICOCHET 29-40 UNIT is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 2 wellbores on file with the Commission. Reported production runs from March 2016 to August 2026, totalling 1,566,259 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 $4.5M, with roughly $1.4M 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 2,886 barrels a month, about 1,443 per wellbore. Its strongest month on the record we hold was July 2016, at 38,030 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 RICOCHET 29-40 UNIT
- Who operates RICOCHET 29-40 UNIT?
- RICOCHET 29-40 UNIT is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
- Where is RICOCHET 29-40 UNIT?
- RICOCHET 29-40 UNIT is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47897.
- Is RICOCHET 29-40 UNIT still producing?
- RICOCHET 29-40 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RICOCHET 29-40 UNIT is August 2026.
- How much has RICOCHET 29-40 UNIT produced?
- RICOCHET 29-40 UNIT has reported 1,566,259 barrels of oil (bbl) to the Railroad Commission of Texas between March 2016 and August 2026, from 2 wellbores.
- How much is RICOCHET 29-40 UNIT worth?
- The remaining production from RICOCHET 29-40 UNIT is estimated to be worth about $4.5M in total as of 26 August 2026, within a range of $3.7M to $5.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICOCHET 29-40 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RICOCHET 29-40 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICOCHET 29-40 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RICOCHET 29-40 UNIT generate in a year?
- RICOCHET 29-40 UNIT is forecast to net about $1.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RICOCHET 29-40 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Onshore LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 47897 |
| Wellbores | 2 |
| Reported production | 1,566,259 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.5M |
Where RICOCHET 29-40 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.