HUDGENS, L. F.
HUDGENS, L. F. is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Pennzoil Petroleum Company. It has 18 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 516,099 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 $1.7M, with roughly $395K 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 574 barrels a month, about 32 per wellbore. Its strongest month on the record we hold was December 2016, at 902 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 HUDGENS, L. F.
- Who operates HUDGENS, L. F.?
- HUDGENS, L. F. is operated by Pennzoil Petroleum Company, Railroad Commission of Texas operator number 652365.
- Where is HUDGENS, L. F.?
- HUDGENS, L. F. is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 06144.
- Is HUDGENS, L. F. still producing?
- HUDGENS, L. F. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HUDGENS, L. F. is August 2026.
- How much has HUDGENS, L. F. produced?
- HUDGENS, L. F. has reported 516,099 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 18 wellbores.
- How much is HUDGENS, L. F. worth?
- The remaining production from HUDGENS, L. F. is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.4M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HUDGENS, L. F. is a fraction of it. The estimate fits an Arps decline curve to the production HUDGENS, L. F. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HUDGENS, L. F. is an estimate of value, not an offer and not an appraisal.
- How much income does HUDGENS, L. F. generate in a year?
- HUDGENS, L. F. is forecast to net about $395K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HUDGENS, L. F. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pennzoil Petroleum Company |
|---|---|
| Field | Slaughter |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 06144 |
| Wellbores | 18 |
| Reported production | 516,099 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where HUDGENS, L. F. 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.