REDWINE
REDWINE is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Aruba Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 1,111,001 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 $9K, with roughly $7K 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 812 thousand cubic feet a month. Its strongest month on the record we hold was November 2021, at 12,041 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 REDWINE
- Who operates REDWINE?
- REDWINE is operated by Aruba Petroleum, Inc., Railroad Commission of Texas operator number 033762.
- Where is REDWINE?
- REDWINE is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 259705.
- Is REDWINE still producing?
- REDWINE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REDWINE is August 2026.
- How much has REDWINE produced?
- REDWINE has reported 1,111,001 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2010 and August 2026, from 1 wellbore.
- How much is REDWINE worth?
- The remaining production from REDWINE is estimated to be worth about $9K in total as of 26 August 2026, within a range of $7K to $11K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REDWINE is a fraction of it. The estimate fits an Arps decline curve to the production REDWINE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REDWINE is an estimate of value, not an offer and not an appraisal.
- How much income does REDWINE generate in a year?
- REDWINE is forecast to net about $7K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in REDWINE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Aruba Petroleum, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 259705 |
| Wellbores | 1 |
| Reported production | 1,111,001 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $9K |
Where REDWINE 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.