HUGHES
HUGHES is a Texas oil lease in Taylor County, Railroad Commission district 7B, operated by Schkade Bros. Operating Company. It has 7 wellbores on file with the Commission. Reported production runs from December 1995 to August 2026, totalling 1,630,886 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 $11.4M, with roughly $2.6M 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 4,025 barrels a month, about 575 per wellbore. Its strongest month on the record we hold was May 2018, at 7,082 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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
- Who operates HUGHES?
- HUGHES is operated by Schkade Bros. Operating Company, Railroad Commission of Texas operator number 752600.
- Where is HUGHES?
- HUGHES is a Texas oil lease in Taylor County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 27726.
- Is HUGHES still producing?
- HUGHES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HUGHES is August 2026.
- How much has HUGHES produced?
- HUGHES has reported 1,630,886 barrels of oil (bbl) to the Railroad Commission of Texas between December 1995 and August 2026, from 7 wellbores.
- How much is HUGHES worth?
- The remaining production from HUGHES is estimated to be worth about $11.4M in total as of 26 August 2026, within a range of $9.5M to $13.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HUGHES is a fraction of it. The estimate fits an Arps decline curve to the production HUGHES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HUGHES is an estimate of value, not an offer and not an appraisal.
- How much income does HUGHES generate in a year?
- HUGHES is forecast to net about $2.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HUGHES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Schkade Bros. Operating Company |
|---|---|
| Field | Carl Worsham Catclaw (Tannehill) |
| County | Taylor County, Texas |
| RRC district | 7B |
| Lease number | 27726 |
| Wellbores | 7 |
| Reported production | 1,630,886 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $11.4M |
Where HUGHES 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.