HEADLEE
HEADLEE is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Patriot Resources, Inc. It has 19 wellbores on file with the Commission. Reported production runs from February 2010 to August 2026, totalling 2,508,950 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $490K, with roughly $126K expected over the next twelve months.
| Operator | Patriot Resources, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 40039 |
| Wellbores | 19 |
| Reported production | 2,508,950 bbl |
| First reported | February 2010 |
| Last reported | August 2026 |
| Estimated royalty value | $490K |
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.