ARMSTRONG, TOBIN
ARMSTRONG, TOBIN is a Texas oil lease in Kenedy County, Railroad Commission district 04, operated by Headington Energy Partners, LLC. It has 2 wellbores on file with the Commission. Reported production runs from August 2021 to August 2026, totalling 10,200 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 $232K, with roughly $147K 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 156 barrels a month, about 78 per wellbore. Its strongest month on the record we hold was September 2021, at 1,652 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 ARMSTRONG, TOBIN
- Who operates ARMSTRONG, TOBIN?
- ARMSTRONG, TOBIN is operated by Headington Energy Partners, LLC, Railroad Commission of Texas operator number 370061.
- Where is ARMSTRONG, TOBIN?
- ARMSTRONG, TOBIN is a Texas oil lease in Kenedy County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 14172.
- Is ARMSTRONG, TOBIN still producing?
- ARMSTRONG, TOBIN is intermittent. The most recent month of production reported to the Railroad Commission of Texas for ARMSTRONG, TOBIN is August 2026.
- How much has ARMSTRONG, TOBIN produced?
- ARMSTRONG, TOBIN has reported 10,200 barrels of oil (bbl) to the Railroad Commission of Texas between August 2021 and August 2026, from 2 wellbores.
- How much is ARMSTRONG, TOBIN worth?
- The remaining production from ARMSTRONG, TOBIN is estimated to be worth about $232K in total as of 27 August 2026, within a range of $181K to $284K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ARMSTRONG, TOBIN is a fraction of it. The estimate fits an Arps decline curve to the production ARMSTRONG, TOBIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ARMSTRONG, TOBIN is an estimate of value, not an offer and not an appraisal.
- How much income does ARMSTRONG, TOBIN generate in a year?
- ARMSTRONG, TOBIN is forecast to net about $147K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ARMSTRONG, TOBIN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Headington Energy Partners, LLC |
|---|---|
| Field | Candelaria (Consolidated) |
| County | Kenedy County, Texas |
| RRC district | 04 |
| Lease number | 14172 |
| Wellbores | 2 |
| Reported production | 10,200 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $232K |
Where ARMSTRONG, TOBIN 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.