HUGHES, ED S., -B-
HUGHES, ED S., -B- is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Kennedy, R. R. Production, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 8,257 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 $70K, with roughly $13K 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 16 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was July 2020, at 36 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 HUGHES, ED S., -B-
- Who operates HUGHES, ED S., -B-?
- HUGHES, ED S., -B- is operated by Kennedy, R. R. Production, Inc., Railroad Commission of Texas operator number 456700.
- Where is HUGHES, ED S., -B-?
- HUGHES, ED S., -B- is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 14891.
- Is HUGHES, ED S., -B- still producing?
- HUGHES, ED S., -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HUGHES, ED S., -B- is August 2026.
- How much has HUGHES, ED S., -B- produced?
- HUGHES, ED S., -B- has reported 8,257 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is HUGHES, ED S., -B- worth?
- The remaining production from HUGHES, ED S., -B- is estimated to be worth about $70K in total as of 27 August 2026, within a range of $38K to $101K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HUGHES, ED S., -B- is a fraction of it. The estimate fits an Arps decline curve to the production HUGHES, ED S., -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HUGHES, ED S., -B- is an estimate of value, not an offer and not an appraisal.
- How much income does HUGHES, ED S., -B- generate in a year?
- HUGHES, ED S., -B- is forecast to net about $13K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HUGHES, ED S., -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kennedy, R. R. Production, Inc. |
|---|---|
| Field | Crane Cowden |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 14891 |
| Wellbores | 2 |
| Reported production | 8,257 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $70K |
Where HUGHES, ED S., -B- 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.