ALDRIDGE
ALDRIDGE is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Henry Resources LLC. It has 16 wellbores on file with the Commission. Reported production runs from June 2008 to August 2026, totalling 1,074,302 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 $2.2M, with roughly $1.2M 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 2,540 barrels a month, about 159 per wellbore. Its strongest month on the record we hold was July 2024, at 4,194 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 ALDRIDGE
- Who operates ALDRIDGE?
- ALDRIDGE is operated by Henry Resources LLC, Railroad Commission of Texas operator number 378535.
- Where is ALDRIDGE?
- ALDRIDGE is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39071.
- Is ALDRIDGE still producing?
- ALDRIDGE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ALDRIDGE is August 2026.
- How much has ALDRIDGE produced?
- ALDRIDGE has reported 1,074,302 barrels of oil (bbl) to the Railroad Commission of Texas between June 2008 and August 2026, from 16 wellbores.
- How much is ALDRIDGE worth?
- The remaining production from ALDRIDGE is estimated to be worth about $2.2M in total as of 27 August 2026, within a range of $1.8M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ALDRIDGE is a fraction of it. The estimate fits an Arps decline curve to the production ALDRIDGE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ALDRIDGE is an estimate of value, not an offer and not an appraisal.
- How much income does ALDRIDGE generate in a year?
- ALDRIDGE is forecast to net about $1.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ALDRIDGE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Henry Resources LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 39071 |
| Wellbores | 16 |
| Reported production | 1,074,302 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where ALDRIDGE 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.