DIAS, LUCILLE
DIAS, LUCILLE is a Texas oil lease in Medina County, Railroad Commission district 01, operated by Hardwick, Ross H. Oil Company. It has 8 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 7,614 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 $111K, with roughly $21K 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 28 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was January 2024, at 71 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 DIAS, LUCILLE
- Who operates DIAS, LUCILLE?
- DIAS, LUCILLE is operated by Hardwick, Ross H. Oil Company, Railroad Commission of Texas operator number 356797.
- Where is DIAS, LUCILLE?
- DIAS, LUCILLE is a Texas oil lease in Medina County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 06429.
- Is DIAS, LUCILLE still producing?
- DIAS, LUCILLE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DIAS, LUCILLE is August 2026.
- How much has DIAS, LUCILLE produced?
- DIAS, LUCILLE has reported 7,614 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 8 wellbores.
- How much is DIAS, LUCILLE worth?
- The remaining production from DIAS, LUCILLE is estimated to be worth about $111K in total as of 27 August 2026, within a range of $61K to $161K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DIAS, LUCILLE is a fraction of it. The estimate fits an Arps decline curve to the production DIAS, LUCILLE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DIAS, LUCILLE is an estimate of value, not an offer and not an appraisal.
- How much income does DIAS, LUCILLE generate in a year?
- DIAS, LUCILLE is forecast to net about $21K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DIAS, LUCILLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hardwick, Ross H. Oil Company |
|---|---|
| Field | Chicon Lake |
| County | Medina County, Texas |
| RRC district | 01 |
| Lease number | 06429 |
| Wellbores | 8 |
| Reported production | 7,614 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $111K |
Where DIAS, LUCILLE 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.