HIGGINBOTHAM
HIGGINBOTHAM is a Texas oil lease in Eastland County, Railroad Commission district 7B, operated by Mustang Oil & Gas Corporation. It has 7 wellbores on file with the Commission. Reported production runs from September 1994 to August 2026, totalling 55,205 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 $404K, with roughly $78K 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 112 barrels a month, about 16 per wellbore. Its strongest month on the record we hold was March 2021, at 278 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 HIGGINBOTHAM
- Who operates HIGGINBOTHAM?
- HIGGINBOTHAM is operated by Mustang Oil & Gas Corporation, Railroad Commission of Texas operator number 596926.
- Where is HIGGINBOTHAM?
- HIGGINBOTHAM is a Texas oil lease in Eastland County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 27284.
- Is HIGGINBOTHAM still producing?
- HIGGINBOTHAM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HIGGINBOTHAM is August 2026.
- How much has HIGGINBOTHAM produced?
- HIGGINBOTHAM has reported 55,205 barrels of oil (bbl) to the Railroad Commission of Texas between September 1994 and August 2026, from 7 wellbores.
- How much is HIGGINBOTHAM worth?
- The remaining production from HIGGINBOTHAM is estimated to be worth about $404K in total as of 27 August 2026, within a range of $315K to $492K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HIGGINBOTHAM is a fraction of it. The estimate fits an Arps decline curve to the production HIGGINBOTHAM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HIGGINBOTHAM is an estimate of value, not an offer and not an appraisal.
- How much income does HIGGINBOTHAM generate in a year?
- HIGGINBOTHAM is forecast to net about $78K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HIGGINBOTHAM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mustang Oil & Gas Corporation |
|---|---|
| Field | Rebecca (Marble Falls) |
| County | Eastland County, Texas |
| RRC district | 7B |
| Lease number | 27284 |
| Wellbores | 7 |
| Reported production | 55,205 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $404K |
Where HIGGINBOTHAM 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.