OCTODOG 4
OCTODOG 4 is a Texas oil lease in Wise County, Railroad Commission district 09, operated by Aspen Operating Company, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from February 2007 to August 2026, totalling 1,679 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 $41K, with roughly $8K 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. Its strongest month on the record we hold was March 2023, at 43 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 OCTODOG 4
- Who operates OCTODOG 4?
- OCTODOG 4 is operated by Aspen Operating Company, L.L.C., Railroad Commission of Texas operator number 035430.
- Where is OCTODOG 4?
- OCTODOG 4 is a Texas oil lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 30804.
- Is OCTODOG 4 still producing?
- OCTODOG 4 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OCTODOG 4 is August 2026.
- How much has OCTODOG 4 produced?
- OCTODOG 4 has reported 1,679 barrels of oil (bbl) to the Railroad Commission of Texas between February 2007 and August 2026, from 1 wellbore.
- How much is OCTODOG 4 worth?
- The remaining production from OCTODOG 4 is estimated to be worth about $41K in total as of 26 August 2026, within a range of $0 to $83K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OCTODOG 4 is a fraction of it. The estimate fits an Arps decline curve to the production OCTODOG 4 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OCTODOG 4 is an estimate of value, not an offer and not an appraisal.
- How much income does OCTODOG 4 generate in a year?
- OCTODOG 4 is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OCTODOG 4 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Aspen Operating Company, L.L.C. |
|---|---|
| Field | Alvord, South (Atoka) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 30804 |
| Wellbores | 1 |
| Reported production | 1,679 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $41K |
Where OCTODOG 4 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.