HILL LAKE UNIT
HILL LAKE UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Harleton Oil & Gas Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2014 to August 2026, totalling 314,857 thousand cubic feet. 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 $242K, with roughly $37K 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 1,702 thousand cubic feet a month. Its strongest month on the record we hold was January 2020, at 3,037 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 HILL LAKE UNIT
- Who operates HILL LAKE UNIT?
- HILL LAKE UNIT is operated by Harleton Oil & Gas Inc., Railroad Commission of Texas operator number 357165.
- Where is HILL LAKE UNIT?
- HILL LAKE UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 276449.
- Is HILL LAKE UNIT still producing?
- HILL LAKE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HILL LAKE UNIT is August 2026.
- How much has HILL LAKE UNIT produced?
- HILL LAKE UNIT has reported 314,857 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2014 and August 2026, from 1 wellbore.
- How much is HILL LAKE UNIT worth?
- The remaining production from HILL LAKE UNIT is estimated to be worth about $242K in total as of 26 August 2026, within a range of $201K to $283K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HILL LAKE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HILL LAKE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HILL LAKE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HILL LAKE UNIT generate in a year?
- HILL LAKE UNIT is forecast to net about $37K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HILL LAKE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Harleton Oil & Gas Inc. |
|---|---|
| Field | Carthage (Pettit, Lower) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 276449 |
| Wellbores | 1 |
| Reported production | 314,857 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $242K |
Where HILL LAKE UNIT 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.