HILLMAN 304

HILLMAN 304 is a Texas oil lease in Frio County, Railroad Commission district 01, operated by Javelin Energy Partners MGMT LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2023 to August 2026, totalling 305,259 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 $83K, with roughly $81K 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 3,446 barrels a month. Its strongest month on the record we hold was April 2024, at 32,153 barrels. 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 HILLMAN 304

Who operates HILLMAN 304?
HILLMAN 304 is operated by Javelin Energy Partners MGMT LLC, Railroad Commission of Texas operator number 100351.
Where is HILLMAN 304?
HILLMAN 304 is a Texas oil lease in Frio County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21167.
Is HILLMAN 304 still producing?
HILLMAN 304 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HILLMAN 304 is August 2026.
How much has HILLMAN 304 produced?
HILLMAN 304 has reported 305,259 barrels of oil (bbl) to the Railroad Commission of Texas between June 2023 and August 2026, from 1 wellbore.
How much is HILLMAN 304 worth?
The remaining production from HILLMAN 304 is estimated to be worth about $83K in total as of 27 August 2026, within a range of $69K to $97K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HILLMAN 304 is a fraction of it. The estimate fits an Arps decline curve to the production HILLMAN 304 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HILLMAN 304 is an estimate of value, not an offer and not an appraisal.
How much income does HILLMAN 304 generate in a year?
HILLMAN 304 is forecast to net about $81K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HILLMAN 304 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HILLMAN 304 as filed with the Railroad Commission of Texas
OperatorJavelin Energy Partners MGMT LLC
FieldEagleville (Eagle Ford-1)
CountyFrio County, Texas
RRC district01
Lease number21167
Wellbores1
Reported production305,259 bbl
First reported
Last reported
Estimated royalty value$83K

Where HILLMAN 304 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.