RIVES
RIVES is a Texas gas lease in Waller County, Railroad Commission district 03, operated by Forest Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from March 2008 to August 2026, totalling 150,730 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 $27K, with roughly $4K 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 133 thousand cubic feet a month. Its strongest month on the record we hold was February 2023, at 3,479 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 RIVES
- Who operates RIVES?
- RIVES is operated by Forest Oil Corporation, Railroad Commission of Texas operator number 275740.
- Where is RIVES?
- RIVES is a Texas gas lease in Waller County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 235573.
- Is RIVES still producing?
- RIVES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RIVES is August 2026.
- How much has RIVES produced?
- RIVES has reported 150,730 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2008 and August 2026, from 1 wellbore.
- How much is RIVES worth?
- The remaining production from RIVES is estimated to be worth about $27K in total as of 26 August 2026, within a range of $21K to $33K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RIVES is a fraction of it. The estimate fits an Arps decline curve to the production RIVES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RIVES is an estimate of value, not an offer and not an appraisal.
- How much income does RIVES generate in a year?
- RIVES is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RIVES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Forest Oil Corporation |
|---|---|
| Field | Katy (Wilcox Cons.) |
| County | Waller County, Texas |
| RRC district | 03 |
| Lease number | 235573 |
| Wellbores | 1 |
| Reported production | 150,730 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $27K |
Where RIVES 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.