HENDRICK, T. G. -F-

HENDRICK, T. G. -F- is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Azajet Oil Co. It has 14 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 305,947 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 $2.2M, with roughly $502K 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 726 barrels a month, about 52 per wellbore. Its strongest month on the record we hold was June 2016, at 1,377 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 HENDRICK, T. G. -F-

Who operates HENDRICK, T. G. -F-?: HENDRICK, T. G. -F- is operated by Azajet Oil Co., Railroad Commission of Texas operator number 039650.
Where is HENDRICK, T. G. -F-?: HENDRICK, T. G. -F- is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 02637.
Is HENDRICK, T. G. -F- still producing?: HENDRICK, T. G. -F- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HENDRICK, T. G. -F- is August 2026.
How much has HENDRICK, T. G. -F- produced?: HENDRICK, T. G. -F- has reported 305,947 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 14 wellbores.
How much is HENDRICK, T. G. -F- worth?: The remaining production from HENDRICK, T. G. -F- is estimated to be worth about $2.2M in total as of 27 August 2026, within a range of $1.7M to $2.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HENDRICK, T. G. -F- is a fraction of it. The estimate fits an Arps decline curve to the production HENDRICK, T. G. -F- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HENDRICK, T. G. -F- is an estimate of value, not an offer and not an appraisal.
How much income does HENDRICK, T. G. -F- generate in a year?: HENDRICK, T. G. -F- is forecast to net about $502K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HENDRICK, T. G. -F- receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HENDRICK, T. G. -F- as filed with the Railroad Commission of Texas
Operator	Azajet Oil Co.
Field	Hendrick
County	Winkler County, Texas
RRC district	08
Lease number	02637
Wellbores	14
Reported production	305,947 bbl
First reported	January 1993
Last reported	August 2026
Estimated royalty value	$2.2M

Where HENDRICK, T. G. -F- sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.