PIKE
PIKE is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Oklahoma RB Operating Company. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 146,852 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 $524K, with roughly $188K 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 321 barrels a month, about 107 per wellbore. Its strongest month on the record we hold was August 2016, at 814 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 PIKE
- Who operates PIKE?
- PIKE is operated by Oklahoma RB Operating Company, Railroad Commission of Texas operator number 621097.
- Where is PIKE?
- PIKE is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 18782.
- Is PIKE still producing?
- PIKE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PIKE is August 2026.
- How much has PIKE produced?
- PIKE has reported 146,852 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is PIKE worth?
- The remaining production from PIKE is estimated to be worth about $524K in total as of 26 August 2026, within a range of $409K to $640K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIKE is a fraction of it. The estimate fits an Arps decline curve to the production PIKE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIKE is an estimate of value, not an offer and not an appraisal.
- How much income does PIKE generate in a year?
- PIKE is forecast to net about $188K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PIKE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oklahoma RB Operating Company |
|---|---|
| Field | Nannie May (Wolfcamp) |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 18782 |
| Wellbores | 3 |
| Reported production | 146,852 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $524K |
Where PIKE 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.