PEI-HEDGECOKE
PEI-HEDGECOKE is a Texas oil lease in Hutchinson County, Railroad Commission district 10, operated by Jaten Oil Co. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 49,225 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 $191K, with roughly $37K 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 44 barrels a month, about 9 per wellbore. Its strongest month on the record we hold was October 2016, at 472 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 PEI-HEDGECOKE
- Who operates PEI-HEDGECOKE?
- PEI-HEDGECOKE is operated by Jaten Oil Co., Railroad Commission of Texas operator number 430280.
- Where is PEI-HEDGECOKE?
- PEI-HEDGECOKE is a Texas oil lease in Hutchinson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 03215.
- Is PEI-HEDGECOKE still producing?
- PEI-HEDGECOKE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEI-HEDGECOKE is August 2026.
- How much has PEI-HEDGECOKE produced?
- PEI-HEDGECOKE has reported 49,225 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is PEI-HEDGECOKE worth?
- The remaining production from PEI-HEDGECOKE is estimated to be worth about $191K in total as of 27 August 2026, within a range of $105K to $276K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEI-HEDGECOKE is a fraction of it. The estimate fits an Arps decline curve to the production PEI-HEDGECOKE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEI-HEDGECOKE is an estimate of value, not an offer and not an appraisal.
- How much income does PEI-HEDGECOKE generate in a year?
- PEI-HEDGECOKE is forecast to net about $37K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PEI-HEDGECOKE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jaten Oil Co. |
|---|---|
| Field | Panhandle Hutchinson County FLD. |
| County | Hutchinson County, Texas |
| RRC district | 10 |
| Lease number | 03215 |
| Wellbores | 5 |
| Reported production | 49,225 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $191K |
Where PEI-HEDGECOKE 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.