HAT TRICK 56-T1-42X31 BG
HAT TRICK 56-T1-42X31 BG is a Texas gas lease in Loving County, Railroad Commission district 08, operated by BPX Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2024 to August 2026, totalling 1,143,693 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 $17.9M, with roughly $5.4M 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 61,631 thousand cubic feet a month. Its strongest month on the record we hold was March 2025, at 118,422 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 HAT TRICK 56-T1-42X31 BG
- Who operates HAT TRICK 56-T1-42X31 BG?
- HAT TRICK 56-T1-42X31 BG is operated by BPX Operating Company, Railroad Commission of Texas operator number 085408.
- Where is HAT TRICK 56-T1-42X31 BG?
- HAT TRICK 56-T1-42X31 BG is a Texas gas lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 298881.
- Is HAT TRICK 56-T1-42X31 BG still producing?
- HAT TRICK 56-T1-42X31 BG is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HAT TRICK 56-T1-42X31 BG is August 2026.
- How much has HAT TRICK 56-T1-42X31 BG produced?
- HAT TRICK 56-T1-42X31 BG has reported 1,143,693 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2024 and August 2026, from 1 wellbore.
- How much is HAT TRICK 56-T1-42X31 BG worth?
- The remaining production from HAT TRICK 56-T1-42X31 BG is estimated to be worth about $17.9M in total as of 27 August 2026, within a range of $14.7M to $21.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAT TRICK 56-T1-42X31 BG is a fraction of it. The estimate fits an Arps decline curve to the production HAT TRICK 56-T1-42X31 BG has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAT TRICK 56-T1-42X31 BG is an estimate of value, not an offer and not an appraisal.
- How much income does HAT TRICK 56-T1-42X31 BG generate in a year?
- HAT TRICK 56-T1-42X31 BG is forecast to net about $5.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HAT TRICK 56-T1-42X31 BG receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BPX Operating Company |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 298881 |
| Wellbores | 1 |
| Reported production | 1,143,693 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $17.9M |
Where HAT TRICK 56-T1-42X31 BG 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.