RIO RICKS UPPER MORROW UNIT
RIO RICKS UPPER MORROW UNIT is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Rio Petroleum, Inc. It has 10 wellbores on file with the Commission. Reported production runs from August 1996 to August 2026, totalling 215,973 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 $908K, with roughly $175K 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 178 barrels a month, about 18 per wellbore. Its strongest month on the record we hold was May 2016, at 1,015 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 RICKS UPPER MORROW UNIT
- Who operates RIO RICKS UPPER MORROW UNIT?
- RIO RICKS UPPER MORROW UNIT is operated by Rio Petroleum, Inc., Railroad Commission of Texas operator number 712840.
- Where is RIO RICKS UPPER MORROW UNIT?
- RIO RICKS UPPER MORROW UNIT is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 07181.
- Is RIO RICKS UPPER MORROW UNIT still producing?
- RIO RICKS UPPER MORROW UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RIO RICKS UPPER MORROW UNIT is August 2026.
- How much has RIO RICKS UPPER MORROW UNIT produced?
- RIO RICKS UPPER MORROW UNIT has reported 215,973 barrels of oil (bbl) to the Railroad Commission of Texas between August 1996 and August 2026, from 10 wellbores.
- How much is RIO RICKS UPPER MORROW UNIT worth?
- The remaining production from RIO RICKS UPPER MORROW UNIT is estimated to be worth about $908K in total as of 26 August 2026, within a range of $708K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RIO RICKS UPPER MORROW UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RIO RICKS UPPER MORROW UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RIO RICKS UPPER MORROW UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RIO RICKS UPPER MORROW UNIT generate in a year?
- RIO RICKS UPPER MORROW UNIT is forecast to net about $175K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RIO RICKS UPPER MORROW UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rio Petroleum, Inc. |
|---|---|
| Field | Ricks (Morrow, Upper) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 07181 |
| Wellbores | 10 |
| Reported production | 215,973 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $908K |
Where RIO RICKS UPPER MORROW 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.