HESTER, S. N.
HESTER, S. N. is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Ernest Operating Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 8,984 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 $63K, with roughly $12K 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 16 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was March 2020, at 46 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 HESTER, S. N.
- Who operates HESTER, S. N.?
- HESTER, S. N. is operated by Ernest Operating Company, Railroad Commission of Texas operator number 253480.
- Where is HESTER, S. N.?
- HESTER, S. N. is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 11002.
- Is HESTER, S. N. still producing?
- HESTER, S. N. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HESTER, S. N. is August 2026.
- How much has HESTER, S. N. produced?
- HESTER, S. N. has reported 8,984 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is HESTER, S. N. worth?
- The remaining production from HESTER, S. N. is estimated to be worth about $63K in total as of 26 August 2026, within a range of $35K to $92K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HESTER, S. N. is a fraction of it. The estimate fits an Arps decline curve to the production HESTER, S. N. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HESTER, S. N. is an estimate of value, not an offer and not an appraisal.
- How much income does HESTER, S. N. generate in a year?
- HESTER, S. N. is forecast to net about $12K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HESTER, S. N. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ernest Operating Company |
|---|---|
| Field | Noack Cow Herd (3460) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 11002 |
| Wellbores | 2 |
| Reported production | 8,984 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $63K |
Where HESTER, S. N. 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.