GAFFORD, H. B.
GAFFORD, H. B. is a Texas oil lease in Jim Wells County, Railroad Commission district 04, operated by Exxon Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 47,782 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 $246K, with roughly $47K 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 56 barrels a month. Its strongest month on the record we hold was March 2017, at 131 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 GAFFORD, H. B.
- Who operates GAFFORD, H. B.?
- GAFFORD, H. B. is operated by Exxon Corp., Railroad Commission of Texas operator number 257097.
- Where is GAFFORD, H. B.?
- GAFFORD, H. B. is a Texas oil lease in Jim Wells County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 09728.
- Is GAFFORD, H. B. still producing?
- GAFFORD, H. B. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GAFFORD, H. B. is August 2026.
- How much has GAFFORD, H. B. produced?
- GAFFORD, H. B. has reported 47,782 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GAFFORD, H. B. worth?
- The remaining production from GAFFORD, H. B. is estimated to be worth about $246K in total as of 27 August 2026, within a range of $135K to $357K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GAFFORD, H. B. is a fraction of it. The estimate fits an Arps decline curve to the production GAFFORD, H. B. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GAFFORD, H. B. is an estimate of value, not an offer and not an appraisal.
- How much income does GAFFORD, H. B. generate in a year?
- GAFFORD, H. B. is forecast to net about $47K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GAFFORD, H. B. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exxon Corp. |
|---|---|
| Field | Hobby (F-30) |
| County | Jim Wells County, Texas |
| RRC district | 04 |
| Lease number | 09728 |
| Wellbores | 1 |
| Reported production | 47,782 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $246K |
Where GAFFORD, H. B. 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.