HODGES A
HODGES A is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Canan Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 26,388 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 $105K, with roughly $18K 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 19 barrels a month. Its strongest month on the record we hold was September 2022, at 91 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 HODGES A
- Who operates HODGES A?
- HODGES A is operated by Canan Operating, Inc., Railroad Commission of Texas operator number 128979.
- Where is HODGES A?
- HODGES A is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 16158.
- Is HODGES A still producing?
- HODGES A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HODGES A is August 2026.
- How much has HODGES A produced?
- HODGES A has reported 26,388 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HODGES A worth?
- The remaining production from HODGES A is estimated to be worth about $105K in total as of 26 August 2026, within a range of $58K to $152K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HODGES A is a fraction of it. The estimate fits an Arps decline curve to the production HODGES A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HODGES A is an estimate of value, not an offer and not an appraisal.
- How much income does HODGES A generate in a year?
- HODGES A is forecast to net about $18K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HODGES A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Canan Operating, Inc. |
|---|---|
| Field | Stephens County Regular |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 16158 |
| Wellbores | 1 |
| Reported production | 26,388 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $105K |
Where HODGES A 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.