HEDRICK UNIT
HEDRICK UNIT is a Texas oil lease in Nueces County, Railroad Commission district 04, operated by Dewbre Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from August 2007 to August 2026, totalling 35,441 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 $82K, with roughly $16K 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 32 barrels a month. Its strongest month on the record we hold was October 2016, at 208 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 HEDRICK UNIT
- Who operates HEDRICK UNIT?
- HEDRICK UNIT is operated by Dewbre Petroleum Corporation, Railroad Commission of Texas operator number 216748.
- Where is HEDRICK UNIT?
- HEDRICK UNIT is a Texas oil lease in Nueces County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 13442.
- Is HEDRICK UNIT still producing?
- HEDRICK UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HEDRICK UNIT is August 2026.
- How much has HEDRICK UNIT produced?
- HEDRICK UNIT has reported 35,441 barrels of oil (bbl) to the Railroad Commission of Texas between August 2007 and August 2026, from 1 wellbore.
- How much is HEDRICK UNIT worth?
- The remaining production from HEDRICK UNIT is estimated to be worth about $82K in total as of 26 August 2026, within a range of $45K to $119K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HEDRICK UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HEDRICK UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HEDRICK UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HEDRICK UNIT generate in a year?
- HEDRICK UNIT is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HEDRICK UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Dewbre Petroleum Corporation |
|---|---|
| Field | Calallen, W. (6500) |
| County | Nueces County, Texas |
| RRC district | 04 |
| Lease number | 13442 |
| Wellbores | 1 |
| Reported production | 35,441 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $82K |
Where HEDRICK UNIT 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.