GULF PRODUCTION FEE

GULF PRODUCTION FEE is a Texas oil lease in Hardin County, Railroad Commission district 03, operated by Setab Prod. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 13,089 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $136, with roughly $26 expected over the next twelve months.

OperatorSetab Prod.
FieldBatson Old
CountyHardin County, Texas
RRC district03
Lease number04594
Wellbores6
Reported production13,089 bbl
First reportedJanuary 1993
Last reportedAugust 2026
Estimated royalty value$136

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.