RUDMAN, I.
RUDMAN, I. is a Texas oil lease in Smith County, Railroad Commission district 06, operated by Kerr-Mcgee Corporation. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 16,594 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 $7K, with roughly $1K 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 barrels a month. Its strongest month on the record we hold was March 2017, at 84 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 RUDMAN, I.
- Who operates RUDMAN, I.?
- RUDMAN, I. is operated by Kerr-Mcgee Corporation, Railroad Commission of Texas operator number 457780.
- Where is RUDMAN, I.?
- RUDMAN, I. is a Texas oil lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 12677.
- Is RUDMAN, I. still producing?
- RUDMAN, I. is intermittent. The most recent month of production reported to the Railroad Commission of Texas for RUDMAN, I. is August 2026.
- How much has RUDMAN, I. produced?
- RUDMAN, I. has reported 16,594 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is RUDMAN, I. worth?
- The remaining production from RUDMAN, I. is estimated to be worth about $7K in total as of 26 August 2026, within a range of $0 to $13K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RUDMAN, I. is a fraction of it. The estimate fits an Arps decline curve to the production RUDMAN, I. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RUDMAN, I. is an estimate of value, not an offer and not an appraisal.
- How much income does RUDMAN, I. generate in a year?
- RUDMAN, I. is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RUDMAN, I. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kerr-Mcgee Corporation |
|---|---|
| Field | Chapel Hill (Rodessa) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 12677 |
| Wellbores | 3 |
| Reported production | 16,594 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7K |
Where RUDMAN, I. 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.