HOOVER ESTATE
HOOVER ESTATE is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Union Pacific Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from September 1997 to August 2026, totalling 379,475 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 $83K, with roughly $13K 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 537 thousand cubic feet a month. Its strongest month on the record we hold was September 2016, at 845 thousand cubic feet. 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 HOOVER ESTATE
- Who operates HOOVER ESTATE?
- HOOVER ESTATE is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is HOOVER ESTATE?
- HOOVER ESTATE is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 165810.
- Is HOOVER ESTATE still producing?
- HOOVER ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOOVER ESTATE is August 2026.
- How much has HOOVER ESTATE produced?
- HOOVER ESTATE has reported 379,475 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 1997 and August 2026, from 1 wellbore.
- How much is HOOVER ESTATE worth?
- The remaining production from HOOVER ESTATE is estimated to be worth about $83K in total as of 26 August 2026, within a range of $65K to $102K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOOVER ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production HOOVER ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOOVER ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does HOOVER ESTATE generate in a year?
- HOOVER ESTATE is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HOOVER ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Ozona (Canyon Sand) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 165810 |
| Wellbores | 1 |
| Reported production | 379,475 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $83K |
Where HOOVER ESTATE 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.