VAVRA
VAVRA is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Hillmar, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 51,240 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 $343K, with roughly $64K 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 87 barrels a month, about 43 per wellbore. Its strongest month on the record we hold was May 2017, at 1,658 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 VAVRA
- Who operates VAVRA?
- VAVRA is operated by Hillmar, Inc., Railroad Commission of Texas operator number 388773.
- Where is VAVRA?
- VAVRA is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 13391.
- Is VAVRA still producing?
- VAVRA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VAVRA is August 2026.
- How much has VAVRA produced?
- VAVRA has reported 51,240 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is VAVRA worth?
- The remaining production from VAVRA is estimated to be worth about $343K in total as of 26 August 2026, within a range of $189K to $497K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VAVRA is a fraction of it. The estimate fits an Arps decline curve to the production VAVRA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VAVRA is an estimate of value, not an offer and not an appraisal.
- How much income does VAVRA generate in a year?
- VAVRA is forecast to net about $64K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in VAVRA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hillmar, Inc. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 13391 |
| Wellbores | 2 |
| Reported production | 51,240 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $343K |
Where VAVRA 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.