PUDGE
PUDGE is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Eog Resources, Inc. It has 2 wellbores on file with the Commission. Reported production runs from March 2013 to August 2026, totalling 588,544 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 $4.4M, with roughly $989K 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 1,511 barrels a month, about 756 per wellbore. Its strongest month on the record we hold was July 2016, at 4,320 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 PUDGE
- Who operates PUDGE?
- PUDGE is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is PUDGE?
- PUDGE is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16720.
- Is PUDGE still producing?
- PUDGE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PUDGE is August 2026.
- How much has PUDGE produced?
- PUDGE has reported 588,544 barrels of oil (bbl) to the Railroad Commission of Texas between March 2013 and August 2026, from 2 wellbores.
- How much is PUDGE worth?
- The remaining production from PUDGE is estimated to be worth about $4.4M in total as of 26 August 2026, within a range of $3.6M to $5.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PUDGE is a fraction of it. The estimate fits an Arps decline curve to the production PUDGE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PUDGE is an estimate of value, not an offer and not an appraisal.
- How much income does PUDGE generate in a year?
- PUDGE is forecast to net about $989K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PUDGE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 16720 |
| Wellbores | 2 |
| Reported production | 588,544 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.4M |
Where PUDGE 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.