HENDRICKS, JESSE E.
HENDRICKS, JESSE E. is a Texas oil lease in Kaufman County, Railroad Commission district 05, operated by Westland Oil Development Corp. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 226,070 barrels. The lease is intermittent. 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 $414K, with roughly $80K 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 27 barrels a month, about 9 per wellbore. Its strongest month on the record we hold was May 2016, at 438 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 HENDRICKS, JESSE E.
- Who operates HENDRICKS, JESSE E.?
- HENDRICKS, JESSE E. is operated by Westland Oil Development Corp., Railroad Commission of Texas operator number 912950.
- Where is HENDRICKS, JESSE E.?
- HENDRICKS, JESSE E. is a Texas oil lease in Kaufman County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 02048.
- Is HENDRICKS, JESSE E. still producing?
- HENDRICKS, JESSE E. is intermittent. The most recent month of production reported to the Railroad Commission of Texas for HENDRICKS, JESSE E. is August 2026.
- How much has HENDRICKS, JESSE E. produced?
- HENDRICKS, JESSE E. has reported 226,070 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is HENDRICKS, JESSE E. worth?
- The remaining production from HENDRICKS, JESSE E. is estimated to be worth about $414K in total as of 26 August 2026, within a range of $228K to $600K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HENDRICKS, JESSE E. is a fraction of it. The estimate fits an Arps decline curve to the production HENDRICKS, JESSE E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HENDRICKS, JESSE E. is an estimate of value, not an offer and not an appraisal.
- How much income does HENDRICKS, JESSE E. generate in a year?
- HENDRICKS, JESSE E. is forecast to net about $80K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HENDRICKS, JESSE E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Westland Oil Development Corp. |
|---|---|
| Field | Prairieville (Woodbine) |
| County | Kaufman County, Texas |
| RRC district | 05 |
| Lease number | 02048 |
| Wellbores | 3 |
| Reported production | 226,070 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $414K |
Where HENDRICKS, JESSE E. 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.