REYNOLDS 32
REYNOLDS 32 is a Texas oil lease in Sterling County, Railroad Commission district 08, operated by Range Production Company. It has 1 wellbore on file with the Commission. Reported production runs from October 1998 to August 2026, totalling 5,438 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 $157K, with roughly $21K 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 3 barrels a month. Its strongest month on the record we hold was August 2020, at 126 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 REYNOLDS 32
- Who operates REYNOLDS 32?
- REYNOLDS 32 is operated by Range Production Company, Railroad Commission of Texas operator number 691703.
- Where is REYNOLDS 32?
- REYNOLDS 32 is a Texas oil lease in Sterling County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 35901.
- Is REYNOLDS 32 still producing?
- REYNOLDS 32 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REYNOLDS 32 is August 2026.
- How much has REYNOLDS 32 produced?
- REYNOLDS 32 has reported 5,438 barrels of oil (bbl) to the Railroad Commission of Texas between October 1998 and August 2026, from 1 wellbore.
- How much is REYNOLDS 32 worth?
- The remaining production from REYNOLDS 32 is estimated to be worth about $157K in total as of 27 August 2026, within a range of $0 to $313K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REYNOLDS 32 is a fraction of it. The estimate fits an Arps decline curve to the production REYNOLDS 32 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REYNOLDS 32 is an estimate of value, not an offer and not an appraisal.
- How much income does REYNOLDS 32 generate in a year?
- REYNOLDS 32 is forecast to net about $21K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in REYNOLDS 32 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Range Production Company |
|---|---|
| Field | Conger (Penn) |
| County | Sterling County, Texas |
| RRC district | 08 |
| Lease number | 35901 |
| Wellbores | 1 |
| Reported production | 5,438 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $157K |
Where REYNOLDS 32 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.