JUDKINS
JUDKINS is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Pendragon Oil Co. It has 2 wellbores on file with the Commission. Reported production runs from July 2018 to August 2026, totalling 1,237 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 $67K, with roughly $11K 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 9 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was September 2018, at 136 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 JUDKINS
- Who operates JUDKINS?
- JUDKINS is operated by Pendragon Oil Co., Railroad Commission of Texas operator number 651162.
- Where is JUDKINS?
- JUDKINS is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32295.
- Is JUDKINS still producing?
- JUDKINS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JUDKINS is August 2026.
- How much has JUDKINS produced?
- JUDKINS has reported 1,237 barrels of oil (bbl) to the Railroad Commission of Texas between July 2018 and August 2026, from 2 wellbores.
- How much is JUDKINS worth?
- The remaining production from JUDKINS is estimated to be worth about $67K in total as of 26 August 2026, within a range of $0 to $133K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JUDKINS is a fraction of it. The estimate fits an Arps decline curve to the production JUDKINS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JUDKINS is an estimate of value, not an offer and not an appraisal.
- How much income does JUDKINS generate in a year?
- JUDKINS is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JUDKINS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pendragon Oil Co. |
|---|---|
| Field | Ibex (Caddo Lime) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 32295 |
| Wellbores | 2 |
| Reported production | 1,237 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $67K |
Where JUDKINS 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.