DEIKE
DEIKE is a Texas oil lease in Runnels County, Railroad Commission district 7C, operated by Golden Oil And Ranch, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2023 to August 2026, totalling 1,323 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 $75K, with roughly $14K 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 23 barrels a month. Its strongest month on the record we hold was May 2023, at 215 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 DEIKE
- Who operates DEIKE?
- DEIKE is operated by Golden Oil And Ranch, LLC, Railroad Commission of Texas operator number 313051.
- Where is DEIKE?
- DEIKE is a Texas oil lease in Runnels County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22260.
- Is DEIKE still producing?
- DEIKE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DEIKE is August 2026.
- How much has DEIKE produced?
- DEIKE has reported 1,323 barrels of oil (bbl) to the Railroad Commission of Texas between May 2023 and August 2026, from 1 wellbore.
- How much is DEIKE worth?
- The remaining production from DEIKE is estimated to be worth about $75K in total as of 26 August 2026, within a range of $41K to $109K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DEIKE is a fraction of it. The estimate fits an Arps decline curve to the production DEIKE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DEIKE is an estimate of value, not an offer and not an appraisal.
- How much income does DEIKE generate in a year?
- DEIKE is forecast to net about $14K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DEIKE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Golden Oil And Ranch, LLC |
|---|---|
| Field | Deike (Fry) |
| County | Runnels County, Texas |
| RRC district | 7C |
| Lease number | 22260 |
| Wellbores | 1 |
| Reported production | 1,323 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $75K |
Where DEIKE 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.