HUGHES 13
HUGHES 13 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Stephens, Autry C. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 88,344 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 $238K, with roughly $46K 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 57 barrels a month, about 14 per wellbore. Its strongest month on the record we hold was August 2020, at 800 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 HUGHES 13
- Who operates HUGHES 13?
- HUGHES 13 is operated by Stephens, Autry C., Railroad Commission of Texas operator number 817550.
- Where is HUGHES 13?
- HUGHES 13 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 03141.
- Is HUGHES 13 still producing?
- HUGHES 13 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HUGHES 13 is August 2026.
- How much has HUGHES 13 produced?
- HUGHES 13 has reported 88,344 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is HUGHES 13 worth?
- The remaining production from HUGHES 13 is estimated to be worth about $238K in total as of 27 August 2026, within a range of $131K to $345K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HUGHES 13 is a fraction of it. The estimate fits an Arps decline curve to the production HUGHES 13 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HUGHES 13 is an estimate of value, not an offer and not an appraisal.
- How much income does HUGHES 13 generate in a year?
- HUGHES 13 is forecast to net about $46K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HUGHES 13 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Stephens, Autry C. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 03141 |
| Wellbores | 4 |
| Reported production | 88,344 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $238K |
Where HUGHES 13 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.