HOOVER 50
HOOVER 50 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Cordillera Energy Prtnrs III,LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2011 to August 2026, totalling 2,069,851 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 $940K, with roughly $164K 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 4,327 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 9,934 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 HOOVER 50
- Who operates HOOVER 50?
- HOOVER 50 is operated by Cordillera Energy Prtnrs III,LLC, Railroad Commission of Texas operator number 178278.
- Where is HOOVER 50?
- HOOVER 50 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 264871.
- Is HOOVER 50 still producing?
- HOOVER 50 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOOVER 50 is August 2026.
- How much has HOOVER 50 produced?
- HOOVER 50 has reported 2,069,851 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2011 and August 2026, from 1 wellbore.
- How much is HOOVER 50 worth?
- The remaining production from HOOVER 50 is estimated to be worth about $940K in total as of 27 August 2026, within a range of $780K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOOVER 50 is a fraction of it. The estimate fits an Arps decline curve to the production HOOVER 50 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOOVER 50 is an estimate of value, not an offer and not an appraisal.
- How much income does HOOVER 50 generate in a year?
- HOOVER 50 is forecast to net about $164K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOOVER 50 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cordillera Energy Prtnrs III,LLC |
|---|---|
| Field | Buffalo Wallow (Granite Wash) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 264871 |
| Wellbores | 1 |
| Reported production | 2,069,851 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $940K |
Where HOOVER 50 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.