SKAGGS
SKAGGS is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Longfellow Energy, LP. It has 4 wellbores on file with the Commission. Reported production runs from July 2011 to August 2026, totalling 160,377 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 $993K, with roughly $246K 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 314 barrels a month, about 78 per wellbore. Its strongest month on the record we hold was November 2018, at 1,489 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 SKAGGS
- Who operates SKAGGS?
- SKAGGS is operated by Longfellow Energy, LP, Railroad Commission of Texas operator number 508409.
- Where is SKAGGS?
- SKAGGS is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 32031.
- Is SKAGGS still producing?
- SKAGGS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SKAGGS is August 2026.
- How much has SKAGGS produced?
- SKAGGS has reported 160,377 barrels of oil (bbl) to the Railroad Commission of Texas between July 2011 and August 2026, from 4 wellbores.
- How much is SKAGGS worth?
- The remaining production from SKAGGS is estimated to be worth about $993K in total as of 26 August 2026, within a range of $775K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SKAGGS is a fraction of it. The estimate fits an Arps decline curve to the production SKAGGS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SKAGGS is an estimate of value, not an offer and not an appraisal.
- How much income does SKAGGS generate in a year?
- SKAGGS is forecast to net about $246K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SKAGGS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Longfellow Energy, LP |
|---|---|
| Field | Denison, S. (Woodlake) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 32031 |
| Wellbores | 4 |
| Reported production | 160,377 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $993K |
Where SKAGGS 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.