DODGE ESTATE

DODGE ESTATE is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Citation Oil & Gas Corp. It has 35 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 503,387 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 $1.6M, with roughly $397K 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 570 barrels a month, about 16 per wellbore. Its strongest month on the record we hold was December 2017, at 850 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 DODGE ESTATE

Who operates DODGE ESTATE?
DODGE ESTATE is operated by Citation Oil & Gas Corp., Railroad Commission of Texas operator number 154235.
Where is DODGE ESTATE?
DODGE ESTATE is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 02913.
Is DODGE ESTATE still producing?
DODGE ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DODGE ESTATE is August 2026.
How much has DODGE ESTATE produced?
DODGE ESTATE has reported 503,387 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 35 wellbores.
How much is DODGE ESTATE worth?
The remaining production from DODGE ESTATE is estimated to be worth about $1.6M in total as of 27 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DODGE ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production DODGE ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DODGE ESTATE is an estimate of value, not an offer and not an appraisal.
How much income does DODGE ESTATE generate in a year?
DODGE ESTATE is forecast to net about $397K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DODGE ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

DODGE ESTATE as filed with the Railroad Commission of Texas
OperatorCitation Oil & Gas Corp.
FieldIatan, East Howard
CountyHoward County, Texas
RRC district08
Lease number02913
Wellbores35
Reported production503,387 bbl
First reported
Last reported
Estimated royalty value$1.6M

Where DODGE ESTATE 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.