HUGHES 16
HUGHES 16 is a Texas oil lease in Dawson County, Railroad Commission district 8A, operated by Big Star Oil & Gas, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2010 to August 2026, totalling 11,677 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 $52K, with roughly $10K 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 13 barrels a month. Its strongest month on the record we hold was July 2020, at 104 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 HUGHES 16
- Who operates HUGHES 16?
- HUGHES 16 is operated by Big Star Oil & Gas, LLC, Railroad Commission of Texas operator number 070445.
- Where is HUGHES 16?
- HUGHES 16 is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69525.
- Is HUGHES 16 still producing?
- HUGHES 16 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HUGHES 16 is August 2026.
- How much has HUGHES 16 produced?
- HUGHES 16 has reported 11,677 barrels of oil (bbl) to the Railroad Commission of Texas between January 2010 and August 2026, from 1 wellbore.
- How much is HUGHES 16 worth?
- The remaining production from HUGHES 16 is estimated to be worth about $52K in total as of 27 August 2026, within a range of $28K to $75K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HUGHES 16 is a fraction of it. The estimate fits an Arps decline curve to the production HUGHES 16 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HUGHES 16 is an estimate of value, not an offer and not an appraisal.
- How much income does HUGHES 16 generate in a year?
- HUGHES 16 is forecast to net about $10K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HUGHES 16 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Big Star Oil & Gas, LLC |
|---|---|
| Field | Key West (Spraberry) |
| County | Dawson County, Texas |
| RRC district | 8A |
| Lease number | 69525 |
| Wellbores | 1 |
| Reported production | 11,677 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $52K |
Where HUGHES 16 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.