DANIELS
DANIELS is a Texas oil lease in Young County, Railroad Commission district 09, operated by Hughes, Bill Drilling, Inc. It has 4 wellbores on file with the Commission. Reported production runs from September 2009 to August 2026, totalling 2,834 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 $15K, with roughly $3K 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 6 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was November 2016, at 45 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 DANIELS
- Who operates DANIELS?
- DANIELS is operated by Hughes, Bill Drilling, Inc., Railroad Commission of Texas operator number 411697.
- Where is DANIELS?
- DANIELS is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31597.
- Is DANIELS still producing?
- DANIELS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DANIELS is August 2026.
- How much has DANIELS produced?
- DANIELS has reported 2,834 barrels of oil (bbl) to the Railroad Commission of Texas between September 2009 and August 2026, from 4 wellbores.
- How much is DANIELS worth?
- The remaining production from DANIELS is estimated to be worth about $15K in total as of 26 August 2026, within a range of $0 to $30K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DANIELS is a fraction of it. The estimate fits an Arps decline curve to the production DANIELS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DANIELS is an estimate of value, not an offer and not an appraisal.
- How much income does DANIELS generate in a year?
- DANIELS is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DANIELS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hughes, Bill Drilling, Inc. |
|---|---|
| Field | Young County Regular |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 31597 |
| Wellbores | 4 |
| Reported production | 2,834 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $15K |
Where DANIELS 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.