LUCAS
LUCAS is a Texas oil lease in Hutchinson County, Railroad Commission district 10, operated by Rabco Energy. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 41,972 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 $1K, with roughly $251 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 0 barrels a month. Its strongest month on the record we hold was October 2016, at 179 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 LUCAS
- Who operates LUCAS?
- LUCAS is operated by Rabco Energy, Railroad Commission of Texas operator number 687738.
- Where is LUCAS?
- LUCAS is a Texas oil lease in Hutchinson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 06626.
- Is LUCAS still producing?
- LUCAS is intermittent. The most recent month of production reported to the Railroad Commission of Texas for LUCAS is August 2026.
- How much has LUCAS produced?
- LUCAS has reported 41,972 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is LUCAS worth?
- The remaining production from LUCAS is estimated to be worth about $1K in total as of 27 August 2026, within a range of $0 to $3K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LUCAS is a fraction of it. The estimate fits an Arps decline curve to the production LUCAS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LUCAS is an estimate of value, not an offer and not an appraisal.
- How much income does LUCAS generate in a year?
- LUCAS is forecast to net about $251 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LUCAS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rabco Energy |
|---|---|
| Field | Panhandle Hutchinson County FLD. |
| County | Hutchinson County, Texas |
| RRC district | 10 |
| Lease number | 06626 |
| Wellbores | 5 |
| Reported production | 41,972 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1K |
Where LUCAS 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.