RIDGE
RIDGE is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Griffin Petroleum Company. It has 13 wellbores on file with the Commission. Reported production runs from February 2008 to August 2026, totalling 171,332 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 $752K, with roughly $145K 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 201 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was July 2016, at 470 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 RIDGE
- Who operates RIDGE?
- RIDGE is operated by Griffin Petroleum Company, Railroad Commission of Texas operator number 333925.
- Where is RIDGE?
- RIDGE is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38623.
- Is RIDGE still producing?
- RIDGE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RIDGE is August 2026.
- How much has RIDGE produced?
- RIDGE has reported 171,332 barrels of oil (bbl) to the Railroad Commission of Texas between February 2008 and August 2026, from 13 wellbores.
- How much is RIDGE worth?
- The remaining production from RIDGE is estimated to be worth about $752K in total as of 26 August 2026, within a range of $587K to $918K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RIDGE is a fraction of it. The estimate fits an Arps decline curve to the production RIDGE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RIDGE is an estimate of value, not an offer and not an appraisal.
- How much income does RIDGE generate in a year?
- RIDGE is forecast to net about $145K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RIDGE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Griffin Petroleum Company |
|---|---|
| Field | Yates (Smith Sand) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 38623 |
| Wellbores | 13 |
| Reported production | 171,332 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $752K |
Where RIDGE 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.