HEARNE DIM
HEARNE DIM is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2012 to August 2026, totalling 175,210 barrels. 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 $935K, with roughly $180K 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 267 barrels a month. Its strongest month on the record we hold was May 2016, at 926 barrels. 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 HEARNE DIM
- Who operates HEARNE DIM?
- HEARNE DIM is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is HEARNE DIM?
- HEARNE DIM is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16198.
- Is HEARNE DIM still producing?
- HEARNE DIM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HEARNE DIM is August 2026.
- How much has HEARNE DIM produced?
- HEARNE DIM has reported 175,210 barrels of oil (bbl) to the Railroad Commission of Texas between April 2012 and August 2026, from 1 wellbore.
- How much is HEARNE DIM worth?
- The remaining production from HEARNE DIM is estimated to be worth about $935K in total as of 26 August 2026, within a range of $729K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HEARNE DIM is a fraction of it. The estimate fits an Arps decline curve to the production HEARNE DIM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HEARNE DIM is an estimate of value, not an offer and not an appraisal.
- How much income does HEARNE DIM generate in a year?
- HEARNE DIM is forecast to net about $180K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HEARNE DIM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 16198 |
| Wellbores | 1 |
| Reported production | 175,210 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $935K |
Where HEARNE DIM 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.