REED HCX2
REED HCX2 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 March 2020 to August 2026, totalling 338,794 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 $4.8M, with roughly $1.5M 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 2,227 barrels a month. Its strongest month on the record we hold was December 2020, at 29,519 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 REED HCX2
- Who operates REED HCX2?
- REED HCX2 is operated by Chesapeake Operating, L.L.C., Railroad Commission of Texas operator number 147699.
- Where is REED HCX2?
- REED HCX2 is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27794.
- Is REED HCX2 still producing?
- REED HCX2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REED HCX2 is August 2026.
- How much has REED HCX2 produced?
- REED HCX2 has reported 338,794 barrels of oil (bbl) to the Railroad Commission of Texas between March 2020 and August 2026, from 1 wellbore.
- How much is REED HCX2 worth?
- The remaining production from REED HCX2 is estimated to be worth about $4.8M in total as of 26 August 2026, within a range of $4.0M to $5.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REED HCX2 is a fraction of it. The estimate fits an Arps decline curve to the production REED HCX2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REED HCX2 is an estimate of value, not an offer and not an appraisal.
- How much income does REED HCX2 generate in a year?
- REED HCX2 is forecast to net about $1.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in REED HCX2 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 | 27794 |
| Wellbores | 1 |
| Reported production | 338,794 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.8M |
Where REED HCX2 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.