RHINO
RHINO is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Seaboard Operating Co. It has 2 wellbores on file with the Commission. Reported production runs from May 2015 to August 2026, totalling 25,655 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 $564K, with roughly $106K 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 140 barrels a month, about 70 per wellbore. Its strongest month on the record we hold was August 2017, at 643 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 RHINO
- Who operates RHINO?
- RHINO is operated by Seaboard Operating Co., Railroad Commission of Texas operator number 760960.
- Where is RHINO?
- RHINO is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46210.
- Is RHINO still producing?
- RHINO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RHINO is August 2026.
- How much has RHINO produced?
- RHINO has reported 25,655 barrels of oil (bbl) to the Railroad Commission of Texas between May 2015 and August 2026, from 2 wellbores.
- How much is RHINO worth?
- The remaining production from RHINO is estimated to be worth about $564K in total as of 26 August 2026, within a range of $440K to $688K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RHINO is a fraction of it. The estimate fits an Arps decline curve to the production RHINO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RHINO is an estimate of value, not an offer and not an appraisal.
- How much income does RHINO generate in a year?
- RHINO is forecast to net about $106K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RHINO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seaboard Operating Co. |
|---|---|
| Field | Quito (Delaware-Consolidated) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 46210 |
| Wellbores | 2 |
| Reported production | 25,655 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $564K |
Where RHINO 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.