HUGHES W
HUGHES W is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Discovery Natural Resources LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2018 to August 2026, totalling 84,316 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 $2.5M, with roughly $381K 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 391 barrels a month. Its strongest month on the record we hold was June 2019, at 11,567 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 W
- Who operates HUGHES W?
- HUGHES W is operated by Discovery Natural Resources LLC, Railroad Commission of Texas operator number 220855.
- Where is HUGHES W?
- HUGHES W is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20184.
- Is HUGHES W still producing?
- HUGHES W is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HUGHES W is August 2026.
- How much has HUGHES W produced?
- HUGHES W has reported 84,316 barrels of oil (bbl) to the Railroad Commission of Texas between December 2018 and August 2026, from 1 wellbore.
- How much is HUGHES W worth?
- The remaining production from HUGHES W is estimated to be worth about $2.5M in total as of 27 August 2026, within a range of $2.0M to $3.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HUGHES W is a fraction of it. The estimate fits an Arps decline curve to the production HUGHES W has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HUGHES W is an estimate of value, not an offer and not an appraisal.
- How much income does HUGHES W generate in a year?
- HUGHES W is forecast to net about $381K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HUGHES W receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Discovery Natural Resources LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 20184 |
| Wellbores | 1 |
| Reported production | 84,316 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.5M |
Where HUGHES W 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.