FIVE STAR RANCH
FIVE STAR RANCH is a Texas oil lease in Washington County, Railroad Commission district 03, operated by Rme Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from March 2001 to August 2026, totalling 55,081 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 $194K, with roughly $32K 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 43 barrels a month. Its strongest month on the record we hold was August 2023, at 205 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 FIVE STAR RANCH
- Who operates FIVE STAR RANCH?
- FIVE STAR RANCH is operated by Rme Petroleum Company, Railroad Commission of Texas operator number 714229.
- Where is FIVE STAR RANCH?
- FIVE STAR RANCH is a Texas oil lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24038.
- Is FIVE STAR RANCH still producing?
- FIVE STAR RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FIVE STAR RANCH is August 2026.
- How much has FIVE STAR RANCH produced?
- FIVE STAR RANCH has reported 55,081 barrels of oil (bbl) to the Railroad Commission of Texas between March 2001 and August 2026, from 1 wellbore.
- How much is FIVE STAR RANCH worth?
- The remaining production from FIVE STAR RANCH is estimated to be worth about $194K in total as of 26 August 2026, within a range of $107K to $281K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FIVE STAR RANCH is a fraction of it. The estimate fits an Arps decline curve to the production FIVE STAR RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FIVE STAR RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does FIVE STAR RANCH generate in a year?
- FIVE STAR RANCH is forecast to net about $32K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FIVE STAR RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rme Petroleum Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Washington County, Texas |
| RRC district | 03 |
| Lease number | 24038 |
| Wellbores | 1 |
| Reported production | 55,081 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $194K |
Where FIVE STAR RANCH 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.