HALE
HALE is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Sanguine Gas Exploration, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2011 to August 2026, totalling 1,592,774 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 $474K 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 5,329 thousand cubic feet a month. Its strongest month on the record we hold was July 2021, at 7,517 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 HALE
- Who operates HALE?
- HALE is operated by Sanguine Gas Exploration, LLC, Railroad Commission of Texas operator number 748059.
- Where is HALE?
- HALE is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 261907.
- Is HALE still producing?
- HALE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HALE is August 2026.
- How much has HALE produced?
- HALE has reported 1,592,774 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2011 and August 2026, from 1 wellbore.
- How much is HALE worth?
- The remaining production from HALE is estimated to be worth about $1.9M in total as of 27 August 2026, within a range of $1.6M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HALE is a fraction of it. The estimate fits an Arps decline curve to the production HALE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HALE is an estimate of value, not an offer and not an appraisal.
- How much income does HALE generate in a year?
- HALE is forecast to net about $474K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HALE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sanguine Gas Exploration, LLC |
|---|---|
| Field | Mills Ranch (Granite Wash Cons.) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 261907 |
| Wellbores | 1 |
| Reported production | 1,592,774 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where HALE 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.