HOPE UNIT
HOPE UNIT is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Oak Valley Operating, Llc. It has 5 wellbores on file with the Commission. Reported production runs from October 2014 to August 2026, totalling 619,909 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $95K, with roughly $22K expected over the next twelve months.
| Operator | Oak Valley Operating, Llc |
|---|---|
| Field | Southern Bay (Eagle Ford) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 26574 |
| Wellbores | 5 |
| Reported production | 619,909 bbl |
| First reported | October 2014 |
| Last reported | August 2026 |
| Estimated royalty value | $95K |
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.