PSHIGODA 16
PSHIGODA 16 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Quanah Panhandle, LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2018 to August 2026, totalling 231,218 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 $1.5M, with roughly $394K 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 600 barrels a month. Its strongest month on the record we hold was September 2018, at 11,071 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 PSHIGODA 16
- Who operates PSHIGODA 16?
- PSHIGODA 16 is operated by Quanah Panhandle, LLC, Railroad Commission of Texas operator number 684575.
- Where is PSHIGODA 16?
- PSHIGODA 16 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09636.
- Is PSHIGODA 16 still producing?
- PSHIGODA 16 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PSHIGODA 16 is August 2026.
- How much has PSHIGODA 16 produced?
- PSHIGODA 16 has reported 231,218 barrels of oil (bbl) to the Railroad Commission of Texas between April 2018 and August 2026, from 1 wellbore.
- How much is PSHIGODA 16 worth?
- The remaining production from PSHIGODA 16 is estimated to be worth about $1.5M in total as of 27 August 2026, within a range of $1.2M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PSHIGODA 16 is a fraction of it. The estimate fits an Arps decline curve to the production PSHIGODA 16 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PSHIGODA 16 is an estimate of value, not an offer and not an appraisal.
- How much income does PSHIGODA 16 generate in a year?
- PSHIGODA 16 is forecast to net about $394K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PSHIGODA 16 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Quanah Panhandle, LLC |
|---|---|
| Field | Allen-Parker (Marmaton) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 09636 |
| Wellbores | 1 |
| Reported production | 231,218 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where PSHIGODA 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.