HUGHES UNIT
HUGHES UNIT is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Williams, Clayton Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 1995 to August 2026, totalling 72,260 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 $144K, with roughly $28K 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 34 barrels a month. Its strongest month on the record we hold was April 2022, at 207 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 HUGHES UNIT
- Who operates HUGHES UNIT?
- HUGHES UNIT is operated by Williams, Clayton Energy, Inc., Railroad Commission of Texas operator number 924624.
- Where is HUGHES UNIT?
- HUGHES UNIT is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22681.
- Is HUGHES UNIT still producing?
- HUGHES UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HUGHES UNIT is August 2026.
- How much has HUGHES UNIT produced?
- HUGHES UNIT has reported 72,260 barrels of oil (bbl) to the Railroad Commission of Texas between March 1995 and August 2026, from 1 wellbore.
- How much is HUGHES UNIT worth?
- The remaining production from HUGHES UNIT is estimated to be worth about $144K in total as of 27 August 2026, within a range of $79K to $209K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HUGHES UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HUGHES UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HUGHES UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HUGHES UNIT generate in a year?
- HUGHES UNIT is forecast to net about $28K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HUGHES UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Williams, Clayton Energy, Inc. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 22681 |
| Wellbores | 1 |
| Reported production | 72,260 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $144K |
Where HUGHES UNIT 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.