HEND A/C 115-1
HEND A/C 115-1 is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Saxet Oil Corporation. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 142,217 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 $1.3M, with roughly $290K 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 450 barrels a month, about 150 per wellbore. Its strongest month on the record we hold was October 2024, at 701 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 HEND A/C 115-1
- Who operates HEND A/C 115-1?
- HEND A/C 115-1 is operated by Saxet Oil Corporation, Railroad Commission of Texas operator number 749370.
- Where is HEND A/C 115-1?
- HEND A/C 115-1 is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 02572.
- Is HEND A/C 115-1 still producing?
- HEND A/C 115-1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HEND A/C 115-1 is August 2026.
- How much has HEND A/C 115-1 produced?
- HEND A/C 115-1 has reported 142,217 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is HEND A/C 115-1 worth?
- The remaining production from HEND A/C 115-1 is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $1.0M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HEND A/C 115-1 is a fraction of it. The estimate fits an Arps decline curve to the production HEND A/C 115-1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HEND A/C 115-1 is an estimate of value, not an offer and not an appraisal.
- How much income does HEND A/C 115-1 generate in a year?
- HEND A/C 115-1 is forecast to net about $290K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HEND A/C 115-1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Saxet Oil Corporation |
|---|---|
| Field | Hendrick |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 02572 |
| Wellbores | 3 |
| Reported production | 142,217 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where HEND A/C 115-1 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.