HUDGINS, LEE
HUDGINS, LEE is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Schlachter, David A. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 28,855 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 $11K, with roughly $2K 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. Its strongest month on the record we hold was August 2016, at 216 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 HUDGINS, LEE
- Who operates HUDGINS, LEE?
- HUDGINS, LEE is operated by Schlachter, David A., Railroad Commission of Texas operator number 753950.
- Where is HUDGINS, LEE?
- HUDGINS, LEE is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 16177.
- Is HUDGINS, LEE still producing?
- HUDGINS, LEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HUDGINS, LEE is August 2026.
- How much has HUDGINS, LEE produced?
- HUDGINS, LEE has reported 28,855 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HUDGINS, LEE worth?
- The remaining production from HUDGINS, LEE is estimated to be worth about $11K in total as of 26 August 2026, within a range of $6K to $16K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HUDGINS, LEE is a fraction of it. The estimate fits an Arps decline curve to the production HUDGINS, LEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HUDGINS, LEE is an estimate of value, not an offer and not an appraisal.
- How much income does HUDGINS, LEE generate in a year?
- HUDGINS, LEE is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HUDGINS, LEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Schlachter, David A. |
|---|---|
| Field | Ohagan (7775) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 16177 |
| Wellbores | 1 |
| Reported production | 28,855 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $11K |
Where HUDGINS, LEE 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.