REDBUD
REDBUD is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Hawkwood Energy Operating, LLC. It has 3 wellbores on file with the Commission. Reported production runs from April 2019 to August 2026, totalling 337,804 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 $3.1M, with roughly $742K 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 961 barrels a month, about 320 per wellbore. Its strongest month on the record we hold was May 2019, at 38,086 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 REDBUD
- Who operates REDBUD?
- REDBUD is operated by Hawkwood Energy Operating, LLC, Railroad Commission of Texas operator number 367676.
- Where is REDBUD?
- REDBUD is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27691.
- Is REDBUD still producing?
- REDBUD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REDBUD is August 2026.
- How much has REDBUD produced?
- REDBUD has reported 337,804 barrels of oil (bbl) to the Railroad Commission of Texas between April 2019 and August 2026, from 3 wellbores.
- How much is REDBUD worth?
- The remaining production from REDBUD is estimated to be worth about $3.1M in total as of 27 August 2026, within a range of $2.4M to $3.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REDBUD is a fraction of it. The estimate fits an Arps decline curve to the production REDBUD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REDBUD is an estimate of value, not an offer and not an appraisal.
- How much income does REDBUD generate in a year?
- REDBUD is forecast to net about $742K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in REDBUD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hawkwood Energy Operating, LLC |
|---|---|
| Field | Giddings (Eagleford) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 27691 |
| Wellbores | 3 |
| Reported production | 337,804 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.1M |
Where REDBUD 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.