HIGGINS
HIGGINS is a Texas oil lease in Chambers County, Railroad Commission district 03, operated by Union Seaboard Corporation. It has 17 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 484,350 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 $2.3M, with roughly $520K 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 755 barrels a month, about 44 per wellbore. Its strongest month on the record we hold was September 2016, at 1,826 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 HIGGINS
- Who operates HIGGINS?
- HIGGINS is operated by Union Seaboard Corporation, Railroad Commission of Texas operator number 876900.
- Where is HIGGINS?
- HIGGINS is a Texas oil lease in Chambers County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 00175.
- Is HIGGINS still producing?
- HIGGINS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HIGGINS is August 2026.
- How much has HIGGINS produced?
- HIGGINS has reported 484,350 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 17 wellbores.
- How much is HIGGINS worth?
- The remaining production from HIGGINS is estimated to be worth about $2.3M in total as of 26 August 2026, within a range of $1.8M to $2.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HIGGINS is a fraction of it. The estimate fits an Arps decline curve to the production HIGGINS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HIGGINS is an estimate of value, not an offer and not an appraisal.
- How much income does HIGGINS generate in a year?
- HIGGINS is forecast to net about $520K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HIGGINS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Seaboard Corporation |
|---|---|
| Field | Barbers Hill |
| County | Chambers County, Texas |
| RRC district | 03 |
| Lease number | 00175 |
| Wellbores | 17 |
| Reported production | 484,350 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.3M |
Where HIGGINS 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.