HOOVER, LOUISE "C"
HOOVER, LOUISE "C" is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2008 to August 2026, totalling 321,576 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 $130K, with roughly $21K 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 732 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 1,350 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, LOUISE "C"
- Who operates HOOVER, LOUISE "C"?
- HOOVER, LOUISE "C" is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is HOOVER, LOUISE "C"?
- HOOVER, LOUISE "C" is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 241772.
- Is HOOVER, LOUISE "C" still producing?
- HOOVER, LOUISE "C" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOOVER, LOUISE "C" is August 2026.
- How much has HOOVER, LOUISE "C" produced?
- HOOVER, LOUISE "C" has reported 321,576 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2008 and August 2026, from 1 wellbore.
- How much is HOOVER, LOUISE "C" worth?
- The remaining production from HOOVER, LOUISE "C" is estimated to be worth about $130K in total as of 27 August 2026, within a range of $101K to $158K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOOVER, LOUISE "C" is a fraction of it. The estimate fits an Arps decline curve to the production HOOVER, LOUISE "C" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOOVER, LOUISE "C" is an estimate of value, not an offer and not an appraisal.
- How much income does HOOVER, LOUISE "C" generate in a year?
- HOOVER, LOUISE "C" is forecast to net about $21K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOOVER, LOUISE "C" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Hemphill (Granite Wash.) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 241772 |
| Wellbores | 1 |
| Reported production | 321,576 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $130K |
Where HOOVER, LOUISE "C" 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.