RIO SAN GABRIEL 28-29 UNIT 2
RIO SAN GABRIEL 28-29 UNIT 2 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Endeavor Energy Resources L.P. It has 11 wellbores on file with the Commission. Reported production runs from March 2019 to August 2026, totalling 4,054,914 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 $63.5M, with roughly $14.3M 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 16,790 barrels a month, about 1,526 per wellbore. Its strongest month on the record we hold was April 2019, at 229,444 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 SAN GABRIEL 28-29 UNIT 2
- Who operates RIO SAN GABRIEL 28-29 UNIT 2?
- RIO SAN GABRIEL 28-29 UNIT 2 is operated by Endeavor Energy Resources L.P., Railroad Commission of Texas operator number 251726.
- Where is RIO SAN GABRIEL 28-29 UNIT 2?
- RIO SAN GABRIEL 28-29 UNIT 2 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51914.
- Is RIO SAN GABRIEL 28-29 UNIT 2 still producing?
- RIO SAN GABRIEL 28-29 UNIT 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RIO SAN GABRIEL 28-29 UNIT 2 is August 2026.
- How much has RIO SAN GABRIEL 28-29 UNIT 2 produced?
- RIO SAN GABRIEL 28-29 UNIT 2 has reported 4,054,914 barrels of oil (bbl) to the Railroad Commission of Texas between March 2019 and August 2026, from 11 wellbores.
- How much is RIO SAN GABRIEL 28-29 UNIT 2 worth?
- The remaining production from RIO SAN GABRIEL 28-29 UNIT 2 is estimated to be worth about $63.5M in total as of 26 August 2026, within a range of $52.1M to $74.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RIO SAN GABRIEL 28-29 UNIT 2 is a fraction of it. The estimate fits an Arps decline curve to the production RIO SAN GABRIEL 28-29 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 SAN GABRIEL 28-29 UNIT 2 is an estimate of value, not an offer and not an appraisal.
- How much income does RIO SAN GABRIEL 28-29 UNIT 2 generate in a year?
- RIO SAN GABRIEL 28-29 UNIT 2 is forecast to net about $14.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RIO SAN GABRIEL 28-29 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 | 51914 |
| Wellbores | 11 |
| Reported production | 4,054,914 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $63.5M |
Where RIO SAN GABRIEL 28-29 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.