SOFTAIL "10-17"
SOFTAIL "10-17" is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Ogx Resources LLC. It has 2 wellbores on file with the Commission. Reported production runs from November 2009 to August 2026, totalling 399,118 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 $1.0M, with roughly $279K 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 335 barrels a month, about 168 per wellbore. Its strongest month on the record we hold was May 2016, at 2,165 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 SOFTAIL "10-17"
- Who operates SOFTAIL "10-17"?
- SOFTAIL "10-17" is operated by Ogx Resources LLC, Railroad Commission of Texas operator number 617091.
- Where is SOFTAIL "10-17"?
- SOFTAIL "10-17" is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39687.
- Is SOFTAIL "10-17" still producing?
- SOFTAIL "10-17" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOFTAIL "10-17" is August 2026.
- How much has SOFTAIL "10-17" produced?
- SOFTAIL "10-17" has reported 399,118 barrels of oil (bbl) to the Railroad Commission of Texas between November 2009 and August 2026, from 2 wellbores.
- How much is SOFTAIL "10-17" worth?
- The remaining production from SOFTAIL "10-17" is estimated to be worth about $1.0M in total as of 27 August 2026, within a range of $798K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOFTAIL "10-17" is a fraction of it. The estimate fits an Arps decline curve to the production SOFTAIL "10-17" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOFTAIL "10-17" is an estimate of value, not an offer and not an appraisal.
- How much income does SOFTAIL "10-17" generate in a year?
- SOFTAIL "10-17" is forecast to net about $279K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SOFTAIL "10-17" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ogx Resources LLC |
|---|---|
| Field | F. A. Hogg (Penn Detrital) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 39687 |
| Wellbores | 2 |
| Reported production | 399,118 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where SOFTAIL "10-17" 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.