DODGER 33-28
DODGER 33-28 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Sabalo Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from March 2018 to August 2026, totalling 694,912 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 $11.6M, with roughly $3.7M 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 6,405 barrels a month, about 3,202 per wellbore. Its strongest month on the record we hold was December 2023, at 33,778 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 DODGER 33-28
- Who operates DODGER 33-28?
- DODGER 33-28 is operated by Sabalo Operating, LLC, Railroad Commission of Texas operator number 741939.
- Where is DODGER 33-28?
- DODGER 33-28 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50526.
- Is DODGER 33-28 still producing?
- DODGER 33-28 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DODGER 33-28 is August 2026.
- How much has DODGER 33-28 produced?
- DODGER 33-28 has reported 694,912 barrels of oil (bbl) to the Railroad Commission of Texas between March 2018 and August 2026, from 2 wellbores.
- How much is DODGER 33-28 worth?
- The remaining production from DODGER 33-28 is estimated to be worth about $11.6M in total as of 26 August 2026, within a range of $9.6M to $13.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DODGER 33-28 is a fraction of it. The estimate fits an Arps decline curve to the production DODGER 33-28 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DODGER 33-28 is an estimate of value, not an offer and not an appraisal.
- How much income does DODGER 33-28 generate in a year?
- DODGER 33-28 is forecast to net about $3.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DODGER 33-28 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sabalo Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 50526 |
| Wellbores | 2 |
| Reported production | 694,912 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $11.6M |
Where DODGER 33-28 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.