LOCHRIDGE
LOCHRIDGE is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Callon Petroleum Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from January 2020 to August 2026, totalling 55,878 barrels. The lease is intermittent. 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 $1.8M, with roughly $395K 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 719 barrels a month. Its strongest month on the record we hold was March 2024, at 5,709 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 LOCHRIDGE
- Who operates LOCHRIDGE?
- LOCHRIDGE is operated by Callon Petroleum Operating Co, Railroad Commission of Texas operator number 124828.
- Where is LOCHRIDGE?
- LOCHRIDGE is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52869.
- Is LOCHRIDGE still producing?
- LOCHRIDGE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for LOCHRIDGE is August 2026.
- How much has LOCHRIDGE produced?
- LOCHRIDGE has reported 55,878 barrels of oil (bbl) to the Railroad Commission of Texas between January 2020 and August 2026, from 1 wellbore.
- How much is LOCHRIDGE worth?
- The remaining production from LOCHRIDGE is estimated to be worth about $1.8M in total as of 26 August 2026, within a range of $1.4M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOCHRIDGE is a fraction of it. The estimate fits an Arps decline curve to the production LOCHRIDGE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOCHRIDGE is an estimate of value, not an offer and not an appraisal.
- How much income does LOCHRIDGE generate in a year?
- LOCHRIDGE is forecast to net about $395K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOCHRIDGE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Callon Petroleum Operating Co |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 52869 |
| Wellbores | 1 |
| Reported production | 55,878 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where LOCHRIDGE 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.