DIXIE 390
DIXIE 390 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Natural Gas Anadarko Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2010 to August 2026, totalling 83,857 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 $521K, with roughly $90K 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 96 barrels a month. Its strongest month on the record we hold was October 2024, at 362 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 DIXIE 390
- Who operates DIXIE 390?
- DIXIE 390 is operated by Natural Gas Anadarko Company, Railroad Commission of Texas operator number 600750.
- Where is DIXIE 390?
- DIXIE 390 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08171.
- Is DIXIE 390 still producing?
- DIXIE 390 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DIXIE 390 is August 2026.
- How much has DIXIE 390 produced?
- DIXIE 390 has reported 83,857 barrels of oil (bbl) to the Railroad Commission of Texas between June 2010 and August 2026, from 1 wellbore.
- How much is DIXIE 390 worth?
- The remaining production from DIXIE 390 is estimated to be worth about $521K in total as of 26 August 2026, within a range of $287K to $755K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DIXIE 390 is a fraction of it. The estimate fits an Arps decline curve to the production DIXIE 390 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DIXIE 390 is an estimate of value, not an offer and not an appraisal.
- How much income does DIXIE 390 generate in a year?
- DIXIE 390 is forecast to net about $90K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DIXIE 390 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Natural Gas Anadarko Company |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 08171 |
| Wellbores | 1 |
| Reported production | 83,857 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $521K |
Where DIXIE 390 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.