BETTYE HANSARD STATE 45-3
BETTYE HANSARD STATE 45-3 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by BHP Billiton Pet(Txla Op) Co. It has 1 wellbore on file with the Commission. Reported production runs from April 2013 to August 2026, totalling 2,032,711 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 $1.9M, with roughly $299K 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 15,206 thousand cubic feet a month. Its strongest month on the record we hold was September 2016, at 24,311 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 BETTYE HANSARD STATE 45-3
- Who operates BETTYE HANSARD STATE 45-3?
- BETTYE HANSARD STATE 45-3 is operated by BHP Billiton Pet(Txla Op) Co, Railroad Commission of Texas operator number 068596.
- Where is BETTYE HANSARD STATE 45-3?
- BETTYE HANSARD STATE 45-3 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 272207.
- Is BETTYE HANSARD STATE 45-3 still producing?
- BETTYE HANSARD STATE 45-3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BETTYE HANSARD STATE 45-3 is August 2026.
- How much has BETTYE HANSARD STATE 45-3 produced?
- BETTYE HANSARD STATE 45-3 has reported 2,032,711 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2013 and August 2026, from 1 wellbore.
- How much is BETTYE HANSARD STATE 45-3 worth?
- The remaining production from BETTYE HANSARD STATE 45-3 is estimated to be worth about $1.9M in total as of 27 August 2026, within a range of $1.6M to $2.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BETTYE HANSARD STATE 45-3 is a fraction of it. The estimate fits an Arps decline curve to the production BETTYE HANSARD STATE 45-3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BETTYE HANSARD STATE 45-3 is an estimate of value, not an offer and not an appraisal.
- How much income does BETTYE HANSARD STATE 45-3 generate in a year?
- BETTYE HANSARD STATE 45-3 is forecast to net about $299K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BETTYE HANSARD STATE 45-3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BHP Billiton Pet(Txla Op) Co |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 272207 |
| Wellbores | 1 |
| Reported production | 2,032,711 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where BETTYE HANSARD STATE 45-3 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.