PINE RIDGE 34-176
PINE RIDGE 34-176 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Cimarex Energy Co. It has 4 wellbores on file with the Commission. Reported production runs from September 2011 to August 2026, totalling 1,053,147 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 $3.9M, with roughly $1.1M 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 1,738 barrels a month, about 434 per wellbore. Its strongest month on the record we hold was September 2019, at 7,967 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 PINE RIDGE 34-176
- Who operates PINE RIDGE 34-176?
- PINE RIDGE 34-176 is operated by Cimarex Energy Co., Railroad Commission of Texas operator number 153438.
- Where is PINE RIDGE 34-176?
- PINE RIDGE 34-176 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42674.
- Is PINE RIDGE 34-176 still producing?
- PINE RIDGE 34-176 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PINE RIDGE 34-176 is August 2026.
- How much has PINE RIDGE 34-176 produced?
- PINE RIDGE 34-176 has reported 1,053,147 barrels of oil (bbl) to the Railroad Commission of Texas between September 2011 and August 2026, from 4 wellbores.
- How much is PINE RIDGE 34-176 worth?
- The remaining production from PINE RIDGE 34-176 is estimated to be worth about $3.9M in total as of 26 August 2026, within a range of $3.2M to $4.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PINE RIDGE 34-176 is a fraction of it. The estimate fits an Arps decline curve to the production PINE RIDGE 34-176 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PINE RIDGE 34-176 is an estimate of value, not an offer and not an appraisal.
- How much income does PINE RIDGE 34-176 generate in a year?
- PINE RIDGE 34-176 is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PINE RIDGE 34-176 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cimarex Energy Co. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 42674 |
| Wellbores | 4 |
| Reported production | 1,053,147 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.9M |
Where PINE RIDGE 34-176 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.