DICKENSON "17"

DICKENSON "17" is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Energen Resources Corporation. It has 16 wellbores on file with the Commission. Reported production runs from March 2001 to August 2026, totalling 471,685 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 $440K, with roughly $74K 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 65 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was May 2016, at 1,778 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 DICKENSON "17"

Who operates DICKENSON "17"?
DICKENSON "17" is operated by Energen Resources Corporation, Railroad Commission of Texas operator number 252002.
Where is DICKENSON "17"?
DICKENSON "17" is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 36670.
Is DICKENSON "17" still producing?
DICKENSON "17" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DICKENSON "17" is August 2026.
How much has DICKENSON "17" produced?
DICKENSON "17" has reported 471,685 barrels of oil (bbl) to the Railroad Commission of Texas between March 2001 and August 2026, from 16 wellbores.
How much is DICKENSON "17" worth?
The remaining production from DICKENSON "17" is estimated to be worth about $440K in total as of 27 August 2026, within a range of $242K to $638K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DICKENSON "17" is a fraction of it. The estimate fits an Arps decline curve to the production DICKENSON "17" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DICKENSON "17" is an estimate of value, not an offer and not an appraisal.
How much income does DICKENSON "17" generate in a year?
DICKENSON "17" is forecast to net about $74K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DICKENSON "17" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

DICKENSON "17" as filed with the Railroad Commission of Texas
OperatorEnergen Resources Corporation
FieldSpraberry (Trend Area)
CountyMartin County, Texas
RRC district08
Lease number36670
Wellbores16
Reported production471,685 bbl
First reported
Last reported
Estimated royalty value$440K

Where DICKENSON "17" 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.