DIMMIT-WOOD
DIMMIT-WOOD is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Sage Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from September 2004 to August 2026, totalling 246,248 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 $909K, with roughly $173K 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 232 barrels a month. Its strongest month on the record we hold was August 2021, at 1,086 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 DIMMIT-WOOD
- Who operates DIMMIT-WOOD?
- DIMMIT-WOOD is operated by Sage Energy Company, Railroad Commission of Texas operator number 743215.
- Where is DIMMIT-WOOD?
- DIMMIT-WOOD is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 14562.
- Is DIMMIT-WOOD still producing?
- DIMMIT-WOOD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DIMMIT-WOOD is August 2026.
- How much has DIMMIT-WOOD produced?
- DIMMIT-WOOD has reported 246,248 barrels of oil (bbl) to the Railroad Commission of Texas between September 2004 and August 2026, from 1 wellbore.
- How much is DIMMIT-WOOD worth?
- The remaining production from DIMMIT-WOOD is estimated to be worth about $909K in total as of 26 August 2026, within a range of $709K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DIMMIT-WOOD is a fraction of it. The estimate fits an Arps decline curve to the production DIMMIT-WOOD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DIMMIT-WOOD is an estimate of value, not an offer and not an appraisal.
- How much income does DIMMIT-WOOD generate in a year?
- DIMMIT-WOOD is forecast to net about $173K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DIMMIT-WOOD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sage Energy Company |
|---|---|
| Field | Pearsall (Austin Chalk) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 14562 |
| Wellbores | 1 |
| Reported production | 246,248 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $909K |
Where DIMMIT-WOOD 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.