HEINEN

HEINEN is a Texas oil lease in Lubbock County, Railroad Commission district 8A, operated by Adkins, R. L. Corp. It has 2 wellbores on file with the Commission. Reported production runs from January 2009 to August 2026, totalling 73,845 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 $877K, with roughly $199K 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 301 barrels a month, about 150 per wellbore. Its strongest month on the record we hold was October 2020, at 532 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 HEINEN

Who operates HEINEN?
HEINEN is operated by Adkins, R. L. Corp., Railroad Commission of Texas operator number 007937.
Where is HEINEN?
HEINEN is a Texas oil lease in Lubbock County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69340.
Is HEINEN still producing?
HEINEN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HEINEN is August 2026.
How much has HEINEN produced?
HEINEN has reported 73,845 barrels of oil (bbl) to the Railroad Commission of Texas between January 2009 and August 2026, from 2 wellbores.
How much is HEINEN worth?
The remaining production from HEINEN is estimated to be worth about $877K in total as of 26 August 2026, within a range of $684K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HEINEN is a fraction of it. The estimate fits an Arps decline curve to the production HEINEN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HEINEN is an estimate of value, not an offer and not an appraisal.
How much income does HEINEN generate in a year?
HEINEN is forecast to net about $199K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HEINEN receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HEINEN as filed with the Railroad Commission of Texas
OperatorAdkins, R. L. Corp.
FieldBroadview, West (Clear Fork)
CountyLubbock County, Texas
RRC district8A
Lease number69340
Wellbores2
Reported production73,845 bbl
First reported
Last reported
Estimated royalty value$877K

Where HEINEN 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.