DOUGHERTY - CHALLENGER A

DOUGHERTY - CHALLENGER A is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from January 2023 to August 2026, totalling 214,112 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 $3.9M, with roughly $1.2M 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 1,917 barrels a month. Its strongest month on the record we hold was January 2023, at 24,974 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 DOUGHERTY - CHALLENGER A

Who operates DOUGHERTY - CHALLENGER A?
DOUGHERTY - CHALLENGER A is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
Where is DOUGHERTY - CHALLENGER A?
DOUGHERTY - CHALLENGER A is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 12542.
Is DOUGHERTY - CHALLENGER A still producing?
DOUGHERTY - CHALLENGER A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DOUGHERTY - CHALLENGER A is August 2026.
How much has DOUGHERTY - CHALLENGER A produced?
DOUGHERTY - CHALLENGER A has reported 214,112 barrels of oil (bbl) to the Railroad Commission of Texas between January 2023 and August 2026, from 1 wellbore.
How much is DOUGHERTY - CHALLENGER A worth?
The remaining production from DOUGHERTY - CHALLENGER A is estimated to be worth about $3.9M in total as of 27 August 2026, within a range of $3.2M to $4.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DOUGHERTY - CHALLENGER A is a fraction of it. The estimate fits an Arps decline curve to the production DOUGHERTY - CHALLENGER A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DOUGHERTY - CHALLENGER A is an estimate of value, not an offer and not an appraisal.
How much income does DOUGHERTY - CHALLENGER A generate in a year?
DOUGHERTY - CHALLENGER A is forecast to net about $1.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DOUGHERTY - CHALLENGER A receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

DOUGHERTY - CHALLENGER A as filed with the Railroad Commission of Texas
OperatorDevon Energy Production Co, L.P.
FieldEagleville (Eagle Ford-2)
CountyKarnes County, Texas
RRC district02
Lease number12542
Wellbores1
Reported production214,112 bbl
First reported
Last reported
Estimated royalty value$3.9M

Where DOUGHERTY - CHALLENGER A 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.