HODGES UNIT
HODGES UNIT is a Texas oil lease in Sterling County, Railroad Commission district 08, operated by Oxy USA Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2014 to August 2026, totalling 41,808 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 $541K, with roughly $104K 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 106 barrels a month. Its strongest month on the record we hold was September 2020, at 609 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 HODGES UNIT
- Who operates HODGES UNIT?
- HODGES UNIT is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
- Where is HODGES UNIT?
- HODGES UNIT is a Texas oil lease in Sterling County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45437.
- Is HODGES UNIT still producing?
- HODGES UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HODGES UNIT is August 2026.
- How much has HODGES UNIT produced?
- HODGES UNIT has reported 41,808 barrels of oil (bbl) to the Railroad Commission of Texas between February 2014 and August 2026, from 1 wellbore.
- How much is HODGES UNIT worth?
- The remaining production from HODGES UNIT is estimated to be worth about $541K in total as of 26 August 2026, within a range of $422K to $660K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HODGES UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HODGES UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HODGES UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HODGES UNIT generate in a year?
- HODGES UNIT is forecast to net about $104K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HODGES UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA Inc. |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Sterling County, Texas |
| RRC district | 08 |
| Lease number | 45437 |
| Wellbores | 1 |
| Reported production | 41,808 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $541K |
Where HODGES UNIT 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.