ORR
ORR is a Texas oil lease in Young County, Railroad Commission district 09, operated by Red-Tex Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 103,320 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 $774K, with roughly $143K 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 182 barrels a month. Its strongest month on the record we hold was December 2018, at 383 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 ORR
- Who operates ORR?
- ORR is operated by Red-Tex Petroleum, Inc., Railroad Commission of Texas operator number 696785.
- Where is ORR?
- ORR is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 28244.
- Is ORR still producing?
- ORR is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ORR is August 2026.
- How much has ORR produced?
- ORR has reported 103,320 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is ORR worth?
- The remaining production from ORR is estimated to be worth about $774K in total as of 26 August 2026, within a range of $604K to $945K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ORR is a fraction of it. The estimate fits an Arps decline curve to the production ORR has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ORR is an estimate of value, not an offer and not an appraisal.
- How much income does ORR generate in a year?
- ORR is forecast to net about $143K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ORR receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Red-Tex Petroleum, Inc. |
|---|---|
| Field | Jean South (Congl.) |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 28244 |
| Wellbores | 1 |
| Reported production | 103,320 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $774K |
Where ORR 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.