HIGGINS 356
HIGGINS 356 is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Texakoma E & P, LLC. It has 2 wellbores on file with the Commission. Reported production runs from February 2015 to August 2026, totalling 251,829 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 $940K, with roughly $295K 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 391 barrels a month, about 196 per wellbore. Its strongest month on the record we hold was May 2016, at 3,509 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 HIGGINS 356
- Who operates HIGGINS 356?
- HIGGINS 356 is operated by Texakoma E & P, LLC, Railroad Commission of Texas operator number 844133.
- Where is HIGGINS 356?
- HIGGINS 356 is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09409.
- Is HIGGINS 356 still producing?
- HIGGINS 356 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HIGGINS 356 is August 2026.
- How much has HIGGINS 356 produced?
- HIGGINS 356 has reported 251,829 barrels of oil (bbl) to the Railroad Commission of Texas between February 2015 and August 2026, from 2 wellbores.
- How much is HIGGINS 356 worth?
- The remaining production from HIGGINS 356 is estimated to be worth about $940K in total as of 27 August 2026, within a range of $733K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HIGGINS 356 is a fraction of it. The estimate fits an Arps decline curve to the production HIGGINS 356 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HIGGINS 356 is an estimate of value, not an offer and not an appraisal.
- How much income does HIGGINS 356 generate in a year?
- HIGGINS 356 is forecast to net about $295K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HIGGINS 356 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texakoma E & P, LLC |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 09409 |
| Wellbores | 2 |
| Reported production | 251,829 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $940K |
Where HIGGINS 356 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.