RIBEYE E 88-103
RIBEYE E 88-103 is a Texas oil lease in Scurry County, Railroad Commission district 08, operated by Clear Fork, Incorporated. It has 1 wellbore on file with the Commission. Reported production runs from August 2021 to August 2026, totalling 138,932 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 $1.3M, with roughly $354K 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 439 barrels a month. Its strongest month on the record we hold was September 2021, at 14,000 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 RIBEYE E 88-103
- Who operates RIBEYE E 88-103?
- RIBEYE E 88-103 is operated by Clear Fork, Incorporated, Railroad Commission of Texas operator number 159500.
- Where is RIBEYE E 88-103?
- RIBEYE E 88-103 is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56295.
- Is RIBEYE E 88-103 still producing?
- RIBEYE E 88-103 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RIBEYE E 88-103 is August 2026.
- How much has RIBEYE E 88-103 produced?
- RIBEYE E 88-103 has reported 138,932 barrels of oil (bbl) to the Railroad Commission of Texas between August 2021 and August 2026, from 1 wellbore.
- How much is RIBEYE E 88-103 worth?
- The remaining production from RIBEYE E 88-103 is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.0M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RIBEYE E 88-103 is a fraction of it. The estimate fits an Arps decline curve to the production RIBEYE E 88-103 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RIBEYE E 88-103 is an estimate of value, not an offer and not an appraisal.
- How much income does RIBEYE E 88-103 generate in a year?
- RIBEYE E 88-103 is forecast to net about $354K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RIBEYE E 88-103 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Clear Fork, Incorporated |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Scurry County, Texas |
| RRC district | 08 |
| Lease number | 56295 |
| Wellbores | 1 |
| Reported production | 138,932 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where RIBEYE E 88-103 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.