HIGGINS 349
HIGGINS 349 is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Texakoma Operating, L.P. It has 1 wellbore on file with the Commission. Reported production runs from January 2008 to August 2026, totalling 63,433 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 $569K, with roughly $103K 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 80 barrels a month. Its strongest month on the record we hold was May 2016, at 234 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 HIGGINS 349
- Who operates HIGGINS 349?
- HIGGINS 349 is operated by Texakoma Operating, L.P., Railroad Commission of Texas operator number 844190.
- Where is HIGGINS 349?
- HIGGINS 349 is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 07821.
- Is HIGGINS 349 still producing?
- HIGGINS 349 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HIGGINS 349 is August 2026.
- How much has HIGGINS 349 produced?
- HIGGINS 349 has reported 63,433 barrels of oil (bbl) to the Railroad Commission of Texas between January 2008 and August 2026, from 1 wellbore.
- How much is HIGGINS 349 worth?
- The remaining production from HIGGINS 349 is estimated to be worth about $569K in total as of 27 August 2026, within a range of $313K to $825K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HIGGINS 349 is a fraction of it. The estimate fits an Arps decline curve to the production HIGGINS 349 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HIGGINS 349 is an estimate of value, not an offer and not an appraisal.
- How much income does HIGGINS 349 generate in a year?
- HIGGINS 349 is forecast to net about $103K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HIGGINS 349 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texakoma Operating, L.P. |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 07821 |
| Wellbores | 1 |
| Reported production | 63,433 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $569K |
Where HIGGINS 349 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.