RICABY
RICABY is a Texas gas lease in Starr County, Railroad Commission district 04, operated by Mortimer Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from May 1998 to August 2026, totalling 1,070,347 thousand cubic feet. 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 $86K, with roughly $13K 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 583 thousand cubic feet a month. Its strongest month on the record we hold was November 2016, at 2,028 thousand cubic feet. 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 RICABY
- Who operates RICABY?
- RICABY is operated by Mortimer Exploration Company, Railroad Commission of Texas operator number 589955.
- Where is RICABY?
- RICABY is a Texas gas lease in Starr County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 172075.
- Is RICABY still producing?
- RICABY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RICABY is August 2026.
- How much has RICABY produced?
- RICABY has reported 1,070,347 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 1998 and August 2026, from 1 wellbore.
- How much is RICABY worth?
- The remaining production from RICABY is estimated to be worth about $86K in total as of 26 August 2026, within a range of $67K to $105K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICABY is a fraction of it. The estimate fits an Arps decline curve to the production RICABY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICABY is an estimate of value, not an offer and not an appraisal.
- How much income does RICABY generate in a year?
- RICABY is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RICABY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mortimer Exploration Company |
|---|---|
| Field | Arroyo Los Olmos (Yegua 25) |
| County | Starr County, Texas |
| RRC district | 04 |
| Lease number | 172075 |
| Wellbores | 1 |
| Reported production | 1,070,347 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $86K |
Where RICABY 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.