DICK
DICK is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Lomak Production Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 261,873 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 $2.2M, with roughly $513K 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 714 barrels a month, about 357 per wellbore. Its strongest month on the record we hold was June 2016, at 1,010 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 DICK
- Who operates DICK?
- DICK is operated by Lomak Production Company, Railroad Commission of Texas operator number 506155.
- Where is DICK?
- DICK is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 62469.
- Is DICK still producing?
- DICK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DICK is August 2026.
- How much has DICK produced?
- DICK has reported 261,873 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is DICK worth?
- The remaining production from DICK is estimated to be worth about $2.2M in total as of 26 August 2026, within a range of $1.7M to $2.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DICK is a fraction of it. The estimate fits an Arps decline curve to the production DICK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DICK is an estimate of value, not an offer and not an appraisal.
- How much income does DICK generate in a year?
- DICK is forecast to net about $513K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DICK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lomak Production Company |
|---|---|
| Field | Whitharral (Clear Fork, Lo.) |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 62469 |
| Wellbores | 2 |
| Reported production | 261,873 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where DICK 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.