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Texas oil lease

Producing

RICE INSTITUTE

Rice Institute is an oil lease in Liberty County, Texas, operated by Kingwood Exploration LLC in the Liberty, South field.

6 wells

112bbl oil, last 12 months−80% vs prior year
RRC lease
03-16812

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Where it sits

This county

Liberty CountyLibertySan JacintoChambersHardinJasperJeffersonMontgomeryTylerHarrisPolkLiberty County
Liberty County
Oil in Jul 2026
5 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 6 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 80% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 80% over the last 12 monthsMonthly oil production for RICE INSTITUTE, Aug 2023 to Jul 2026. Oil output fell 80% over the last 12 months. 112 bbl in the 12 months through Jul 2026, against 559 bbl in the 12 months before.Last 12 months: 112 bblbbl per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 80% over the last 12 monthsMonthly oil production for RICE INSTITUTE, Aug 2023 to Jul 2026. Oil output fell 80% over the last 12 months. 112 bbl in the 12 months through Jul 2026, against 559 bbl in the 12 months before.Last 12 monthsbbl per month050100150200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

6 wells on this lease

Wells on RICE INSTITUTE
API numberWell no.Status
42-291-316141Shut-in
42-291-316773Active
42-291-316892Shut-in
42-291-317445Active
42-291-317524Active
42-291-319187Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Lessley Services LLCOilGathers50Apr 1, 2021–
Truth Resources, L.p.OilGathers50Apr 1, 2021–
Gulfmark Energy, Inc.OilGathers33Aug 1, 2020Apr 1, 2021
Lessley Services LLCOilGathers34Aug 1, 2020Apr 1, 2021
Truth Resources, L.p.OilGathers33Aug 1, 2020Apr 1, 2021
Endeavor Tank & Transport LLCOilGathers50May 1, 2018Aug 1, 2020
Gulfmark Energy, Inc.OilGathers50Jan 1, 2018Aug 1, 2020

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

34 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 31 and 34 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Rice Institute
API numberWell no.Acreson the permit
42-291-31918734
42-291-31752434
42-291-31744534
42-291-31689231
42-291-31677331
42-291-31614131

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for RICE INSTITUTE
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 202650$80.46$2.89
Jun 2026100$84.81$3.15
May 2026110$102.13$2.94
Apr 2026100$100.32$2.77
Mar 2026110$91.38$3.04
Feb 2026120$64.51$3.62
Jan 20268155$60.04$7.72
Dec 202520$57.97$4.26
Nov 2025130$60.06$3.79
Oct 202590$60.89$3.19
Sep 2025100$63.96$2.97
Aug 2025110$64.86$2.91
Jul 20257152$68.39$3.20
Jun 202500$68.17$3.02
May 2025280$62.17$3.12
Apr 20251510$63.54$3.42
Mar 202580153$68.24$4.12
Feb 2025530$71.53$4.19
Jan 202548180$75.74$4.13
Dec 2024930$70.12$3.01
Nov 2024530$69.95$2.12
Oct 2024440$71.99$2.20
Sep 202400$70.24$2.28
Aug 202420$76.68$1.99
Jul 202420$81.80$2.07
Jun 202420$79.77$2.54
May 202420$80.02$2.12
Apr 202400$85.35$1.60
Mar 202450$81.28$1.49
Feb 202420$77.25$1.72
Jan 202430$74.15$3.18
Dec 2023101163$71.90$2.52
Nov 2023520$77.69$2.71
Oct 2023150$85.64$2.98
Sep 202330$89.43$2.64
Aug 202337164$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Kingwood Exploration LLC in Liberty County

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