STANDARD OF TEXAS
STANDARD OF TEXAS is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Henderson & Erickson, Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 30,635 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 $175K, with roughly $34K 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 50 barrels a month, about 13 per wellbore. Its strongest month on the record we hold was March 2026, at 87 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 STANDARD OF TEXAS
- Who operates STANDARD OF TEXAS?
- STANDARD OF TEXAS is operated by Henderson & Erickson, Inc., Railroad Commission of Texas operator number 376810.
- Where is STANDARD OF TEXAS?
- STANDARD OF TEXAS is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 06251.
- Is STANDARD OF TEXAS still producing?
- STANDARD OF TEXAS is intermittent. The most recent month of production reported to the Railroad Commission of Texas for STANDARD OF TEXAS is August 2026.
- How much has STANDARD OF TEXAS produced?
- STANDARD OF TEXAS has reported 30,635 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is STANDARD OF TEXAS worth?
- The remaining production from STANDARD OF TEXAS is estimated to be worth about $175K in total as of 27 August 2026, within a range of $96K to $253K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STANDARD OF TEXAS is a fraction of it. The estimate fits an Arps decline curve to the production STANDARD OF TEXAS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STANDARD OF TEXAS is an estimate of value, not an offer and not an appraisal.
- How much income does STANDARD OF TEXAS generate in a year?
- STANDARD OF TEXAS is forecast to net about $34K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STANDARD OF TEXAS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Henderson & Erickson, Inc. |
|---|---|
| Field | Spencer |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 06251 |
| Wellbores | 4 |
| Reported production | 30,635 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $175K |
Where STANDARD OF TEXAS 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.