HENDRICK RANCH 'S'

HENDRICK RANCH 'S' is a Texas oil lease in Shackelford County, Railroad Commission district 7B, operated by P.I.D. Drilling Inc. It has 3 wellbores on file with the Commission. Reported production runs from November 2014 to August 2026, totalling 8,643 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 $408K, with roughly $79K 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 106 barrels a month, about 35 per wellbore. Its strongest month on the record we hold was August 2021, at 334 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 HENDRICK RANCH 'S'

Who operates HENDRICK RANCH 'S'?
HENDRICK RANCH 'S' is operated by P.I.D. Drilling Inc, Railroad Commission of Texas operator number 631265.
Where is HENDRICK RANCH 'S'?
HENDRICK RANCH 'S' is a Texas oil lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31731.
Is HENDRICK RANCH 'S' still producing?
HENDRICK RANCH 'S' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HENDRICK RANCH 'S' is August 2026.
How much has HENDRICK RANCH 'S' produced?
HENDRICK RANCH 'S' has reported 8,643 barrels of oil (bbl) to the Railroad Commission of Texas between November 2014 and August 2026, from 3 wellbores.
How much is HENDRICK RANCH 'S' worth?
The remaining production from HENDRICK RANCH 'S' is estimated to be worth about $408K in total as of 27 August 2026, within a range of $318K to $498K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HENDRICK RANCH 'S' is a fraction of it. The estimate fits an Arps decline curve to the production HENDRICK RANCH 'S' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HENDRICK RANCH 'S' is an estimate of value, not an offer and not an appraisal.
How much income does HENDRICK RANCH 'S' generate in a year?
HENDRICK RANCH 'S' is forecast to net about $79K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HENDRICK RANCH 'S' receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HENDRICK RANCH 'S' as filed with the Railroad Commission of Texas
OperatorP.I.D. Drilling Inc
FieldShackelford County Regular
CountyShackelford County, Texas
RRC district7B
Lease number31731
Wellbores3
Reported production8,643 bbl
First reported
Last reported
Estimated royalty value$408K

Where HENDRICK RANCH 'S' 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.