REDFISH UNIT 12A
REDFISH UNIT 12A is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Pri Operating, LLC. It has 4 wellbores on file with the Commission. Reported production runs from October 2022 to August 2026, totalling 1,023,161 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 $24.6M, with roughly $7.2M 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 10,860 barrels a month, about 2,715 per wellbore. Its strongest month on the record we hold was November 2022, at 68,657 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 REDFISH UNIT 12A
- Who operates REDFISH UNIT 12A?
- REDFISH UNIT 12A is operated by Pri Operating, LLC, Railroad Commission of Texas operator number 676550.
- Where is REDFISH UNIT 12A?
- REDFISH UNIT 12A is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 58970.
- Is REDFISH UNIT 12A still producing?
- REDFISH UNIT 12A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REDFISH UNIT 12A is August 2026.
- How much has REDFISH UNIT 12A produced?
- REDFISH UNIT 12A has reported 1,023,161 barrels of oil (bbl) to the Railroad Commission of Texas between October 2022 and August 2026, from 4 wellbores.
- How much is REDFISH UNIT 12A worth?
- The remaining production from REDFISH UNIT 12A is estimated to be worth about $24.6M in total as of 27 August 2026, within a range of $20.2M to $29.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REDFISH UNIT 12A is a fraction of it. The estimate fits an Arps decline curve to the production REDFISH UNIT 12A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REDFISH UNIT 12A is an estimate of value, not an offer and not an appraisal.
- How much income does REDFISH UNIT 12A generate in a year?
- REDFISH UNIT 12A is forecast to net about $7.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in REDFISH UNIT 12A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pri Operating, LLC |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 58970 |
| Wellbores | 4 |
| Reported production | 1,023,161 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $24.6M |
Where REDFISH UNIT 12A 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.