FRANKS /8900 SAND/ UNIT
FRANKS /8900 SAND/ UNIT is a Texas oil lease in Galveston County, Railroad Commission district 03, operated by Hunt, Hassie Exploration Company. It has 21 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 706,467 barrels. The lease is intermittent. 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 $3.4M, with roughly $762K 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 988 barrels a month, about 47 per wellbore. Its strongest month on the record we hold was August 2025, at 1,714 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 FRANKS /8900 SAND/ UNIT
- Who operates FRANKS /8900 SAND/ UNIT?
- FRANKS /8900 SAND/ UNIT is operated by Hunt, Hassie Exploration Company, Railroad Commission of Texas operator number 415290.
- Where is FRANKS /8900 SAND/ UNIT?
- FRANKS /8900 SAND/ UNIT is a Texas oil lease in Galveston County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 06493.
- Is FRANKS /8900 SAND/ UNIT still producing?
- FRANKS /8900 SAND/ UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for FRANKS /8900 SAND/ UNIT is August 2026.
- How much has FRANKS /8900 SAND/ UNIT produced?
- FRANKS /8900 SAND/ UNIT has reported 706,467 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 21 wellbores.
- How much is FRANKS /8900 SAND/ UNIT worth?
- The remaining production from FRANKS /8900 SAND/ UNIT is estimated to be worth about $3.4M in total as of 26 August 2026, within a range of $2.6M to $4.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRANKS /8900 SAND/ UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FRANKS /8900 SAND/ UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRANKS /8900 SAND/ UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FRANKS /8900 SAND/ UNIT generate in a year?
- FRANKS /8900 SAND/ UNIT is forecast to net about $762K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FRANKS /8900 SAND/ UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hunt, Hassie Exploration Company |
|---|---|
| Field | Franks (8900 Sand) |
| County | Galveston County, Texas |
| RRC district | 03 |
| Lease number | 06493 |
| Wellbores | 21 |
| Reported production | 706,467 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.4M |
Where FRANKS /8900 SAND/ UNIT 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.