HAGAMAN UNIT
HAGAMAN UNIT is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Decker Operating Co., L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from October 2014 to August 2026, totalling 194,778 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 $2.0M, with roughly $447K 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 618 barrels a month. Its strongest month on the record we hold was May 2016, at 2,399 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 HAGAMAN UNIT
- Who operates HAGAMAN UNIT?
- HAGAMAN UNIT is operated by Decker Operating Co., L.L.C., Railroad Commission of Texas operator number 209347.
- Where is HAGAMAN UNIT?
- HAGAMAN UNIT is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26647.
- Is HAGAMAN UNIT still producing?
- HAGAMAN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HAGAMAN UNIT is August 2026.
- How much has HAGAMAN UNIT produced?
- HAGAMAN UNIT has reported 194,778 barrels of oil (bbl) to the Railroad Commission of Texas between October 2014 and August 2026, from 1 wellbore.
- How much is HAGAMAN UNIT worth?
- The remaining production from HAGAMAN UNIT is estimated to be worth about $2.0M in total as of 27 August 2026, within a range of $1.6M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAGAMAN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HAGAMAN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAGAMAN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HAGAMAN UNIT generate in a year?
- HAGAMAN UNIT is forecast to net about $447K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HAGAMAN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Decker Operating Co., L.L.C. |
|---|---|
| Field | BSR (Sub-Clarksville) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 26647 |
| Wellbores | 1 |
| Reported production | 194,778 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.0M |
Where HAGAMAN 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.