HENDON
HENDON is a Texas oil lease in Dawson County, Railroad Commission district 8A, operated by Pitts Energy Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 100,234 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 $451K, with roughly $87K 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 124 barrels a month, about 62 per wellbore. Its strongest month on the record we hold was November 2018, at 430 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 HENDON
- Who operates HENDON?
- HENDON is operated by Pitts Energy Co., Railroad Commission of Texas operator number 666430.
- Where is HENDON?
- HENDON is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 66380.
- Is HENDON still producing?
- HENDON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HENDON is August 2026.
- How much has HENDON produced?
- HENDON has reported 100,234 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is HENDON worth?
- The remaining production from HENDON is estimated to be worth about $451K in total as of 26 August 2026, within a range of $352K to $551K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HENDON is a fraction of it. The estimate fits an Arps decline curve to the production HENDON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HENDON is an estimate of value, not an offer and not an appraisal.
- How much income does HENDON generate in a year?
- HENDON is forecast to net about $87K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HENDON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pitts Energy Co. |
|---|---|
| Field | Welch |
| County | Dawson County, Texas |
| RRC district | 8A |
| Lease number | 66380 |
| Wellbores | 2 |
| Reported production | 100,234 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $451K |
Where HENDON 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.