RIO NUECES 37-44 UNIT 2
RIO NUECES 37-44 UNIT 2 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Endeavor Energy Resources L.P. It has 6 wellbores on file with the Commission. Reported production runs from May 2019 to August 2026, totalling 2,158,333 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 $39.7M, with roughly $8.3M 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 10,912 barrels a month, about 1,819 per wellbore. Its strongest month on the record we hold was January 2020, at 148,492 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 RIO NUECES 37-44 UNIT 2
- Who operates RIO NUECES 37-44 UNIT 2?
- RIO NUECES 37-44 UNIT 2 is operated by Endeavor Energy Resources L.P., Railroad Commission of Texas operator number 251726.
- Where is RIO NUECES 37-44 UNIT 2?
- RIO NUECES 37-44 UNIT 2 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52974.
- Is RIO NUECES 37-44 UNIT 2 still producing?
- RIO NUECES 37-44 UNIT 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RIO NUECES 37-44 UNIT 2 is August 2026.
- How much has RIO NUECES 37-44 UNIT 2 produced?
- RIO NUECES 37-44 UNIT 2 has reported 2,158,333 barrels of oil (bbl) to the Railroad Commission of Texas between May 2019 and August 2026, from 6 wellbores.
- How much is RIO NUECES 37-44 UNIT 2 worth?
- The remaining production from RIO NUECES 37-44 UNIT 2 is estimated to be worth about $39.7M in total as of 27 August 2026, within a range of $32.5M to $46.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RIO NUECES 37-44 UNIT 2 is a fraction of it. The estimate fits an Arps decline curve to the production RIO NUECES 37-44 UNIT 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RIO NUECES 37-44 UNIT 2 is an estimate of value, not an offer and not an appraisal.
- How much income does RIO NUECES 37-44 UNIT 2 generate in a year?
- RIO NUECES 37-44 UNIT 2 is forecast to net about $8.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RIO NUECES 37-44 UNIT 2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Endeavor Energy Resources L.P. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 52974 |
| Wellbores | 6 |
| Reported production | 2,158,333 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $39.7M |
Where RIO NUECES 37-44 UNIT 2 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.