5RITT 26
5RITT 26 is a Texas oil lease in Wheeler County, Railroad Commission district 10, operated by Plains Exploration & Prod. Co. It has 2 wellbores on file with the Commission. Reported production runs from January 2012 to August 2026, totalling 152,564 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 $1.6M, with roughly $269K 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 238 barrels a month, about 119 per wellbore. Its strongest month on the record we hold was December 2016, at 1,454 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 5RITT 26
- Who operates 5RITT 26?
- 5RITT 26 is operated by Plains Exploration & Prod. Co., Railroad Commission of Texas operator number 667862.
- Where is 5RITT 26?
- 5RITT 26 is a Texas oil lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08553.
- Is 5RITT 26 still producing?
- 5RITT 26 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for 5RITT 26 is August 2026.
- How much has 5RITT 26 produced?
- 5RITT 26 has reported 152,564 barrels of oil (bbl) to the Railroad Commission of Texas between January 2012 and August 2026, from 2 wellbores.
- How much is 5RITT 26 worth?
- The remaining production from 5RITT 26 is estimated to be worth about $1.6M in total as of 27 August 2026, within a range of $1.3M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in 5RITT 26 is a fraction of it. The estimate fits an Arps decline curve to the production 5RITT 26 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for 5RITT 26 is an estimate of value, not an offer and not an appraisal.
- How much income does 5RITT 26 generate in a year?
- 5RITT 26 is forecast to net about $269K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in 5RITT 26 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Plains Exploration & Prod. Co. |
|---|---|
| Field | Mills Ranch (Granite Wash Cons.) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 08553 |
| Wellbores | 2 |
| Reported production | 152,564 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where 5RITT 26 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.