DUDES RUG
DUDES RUG is a Texas oil lease in Wilson County, Railroad Commission district 01, operated by Warwick-Artemis, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2026 to August 2026, totalling 26,825 barrels. The lease is intermittent. 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 $23.8M, with roughly $4.5M 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 5,926 barrels a month. Its strongest month on the record we hold was April 2026, at 11,851 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 DUDES RUG
- Who operates DUDES RUG?
- DUDES RUG is operated by Warwick-Artemis, LLC, Railroad Commission of Texas operator number 899023.
- Where is DUDES RUG?
- DUDES RUG is a Texas oil lease in Wilson County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21947.
- Is DUDES RUG still producing?
- DUDES RUG is intermittent. The most recent month of production reported to the Railroad Commission of Texas for DUDES RUG is August 2026.
- How much has DUDES RUG produced?
- DUDES RUG has reported 26,825 barrels of oil (bbl) to the Railroad Commission of Texas between March 2026 and August 2026, from 1 wellbore.
- How much is DUDES RUG worth?
- The remaining production from DUDES RUG is estimated to be worth about $23.8M in total as of 26 August 2026, within a range of $19.7M to $27.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DUDES RUG is a fraction of it. The estimate fits an Arps decline curve to the production DUDES RUG has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DUDES RUG is an estimate of value, not an offer and not an appraisal.
- How much income does DUDES RUG generate in a year?
- DUDES RUG is forecast to net about $4.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DUDES RUG receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Warwick-Artemis, LLC |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Wilson County, Texas |
| RRC district | 01 |
| Lease number | 21947 |
| Wellbores | 1 |
| Reported production | 26,825 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $23.8M |
Where DUDES RUG 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.