STERN HCX1
STERN HCX1 is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Chesapeake Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from February 2020 to August 2026, totalling 239,165 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 $3.6M, with roughly $1.1M 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 1,650 barrels a month. Its strongest month on the record we hold was March 2020, at 14,313 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 STERN HCX1
- Who operates STERN HCX1?
- STERN HCX1 is operated by Chesapeake Operating, L.L.C., Railroad Commission of Texas operator number 147699.
- Where is STERN HCX1?
- STERN HCX1 is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27741.
- Is STERN HCX1 still producing?
- STERN HCX1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STERN HCX1 is August 2026.
- How much has STERN HCX1 produced?
- STERN HCX1 has reported 239,165 barrels of oil (bbl) to the Railroad Commission of Texas between February 2020 and August 2026, from 1 wellbore.
- How much is STERN HCX1 worth?
- The remaining production from STERN HCX1 is estimated to be worth about $3.6M in total as of 26 August 2026, within a range of $3.0M to $4.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STERN HCX1 is a fraction of it. The estimate fits an Arps decline curve to the production STERN HCX1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STERN HCX1 is an estimate of value, not an offer and not an appraisal.
- How much income does STERN HCX1 generate in a year?
- STERN HCX1 is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STERN HCX1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, L.L.C. |
|---|---|
| Field | Giddings (Eagleford) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 27741 |
| Wellbores | 1 |
| Reported production | 239,165 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.6M |
Where STERN HCX1 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.