HOOVER ESTATE
HOOVER ESTATE is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Samson Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,729,268 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 $85K, 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 589 thousand cubic feet a month. Its strongest month on the record we hold was September 2019, at 5,061 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 Samson Resources Company, Railroad Commission of Texas operator number 745020.
- Where is HOOVER ESTATE?
- HOOVER ESTATE is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 064987.
- 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 1,729,268 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HOOVER ESTATE worth?
- The remaining production from HOOVER ESTATE is estimated to be worth about $85K in total as of 26 August 2026, within a range of $66K to $104K. 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 | Samson Resources Company |
|---|---|
| Field | Higgins, South (Morrow) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 064987 |
| Wellbores | 1 |
| Reported production | 1,729,268 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $85K |
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.