HOGUE
HOGUE is a Texas oil lease in Grimes County, Railroad Commission district 03, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from July 2012 to August 2026, totalling 70,816 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 $900K, with roughly $155K 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 162 barrels a month. Its strongest month on the record we hold was May 2016, at 502 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 HOGUE
- Who operates HOGUE?
- HOGUE is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is HOGUE?
- HOGUE is a Texas oil lease in Grimes County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26041.
- Is HOGUE still producing?
- HOGUE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOGUE is August 2026.
- How much has HOGUE produced?
- HOGUE has reported 70,816 barrels of oil (bbl) to the Railroad Commission of Texas between July 2012 and August 2026, from 1 wellbore.
- How much is HOGUE worth?
- The remaining production from HOGUE is estimated to be worth about $900K in total as of 26 August 2026, within a range of $702K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOGUE is a fraction of it. The estimate fits an Arps decline curve to the production HOGUE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOGUE is an estimate of value, not an offer and not an appraisal.
- How much income does HOGUE generate in a year?
- HOGUE is forecast to net about $155K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HOGUE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Grimes County, Texas |
| RRC district | 03 |
| Lease number | 26041 |
| Wellbores | 1 |
| Reported production | 70,816 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $900K |
Where HOGUE 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.