HARGUS 1990-1
HARGUS 1990-1 is a Texas oil lease in Eastland County, Railroad Commission district 7B, operated by Austin Energy Operations, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 9,446 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 $59K, with roughly $11K 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 15 barrels a month. Its strongest month on the record we hold was November 2018, at 30 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 HARGUS 1990-1
- Who operates HARGUS 1990-1?
- HARGUS 1990-1 is operated by Austin Energy Operations, Inc., Railroad Commission of Texas operator number 037103.
- Where is HARGUS 1990-1?
- HARGUS 1990-1 is a Texas oil lease in Eastland County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 26005.
- Is HARGUS 1990-1 still producing?
- HARGUS 1990-1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARGUS 1990-1 is August 2026.
- How much has HARGUS 1990-1 produced?
- HARGUS 1990-1 has reported 9,446 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HARGUS 1990-1 worth?
- The remaining production from HARGUS 1990-1 is estimated to be worth about $59K in total as of 26 August 2026, within a range of $32K to $85K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARGUS 1990-1 is a fraction of it. The estimate fits an Arps decline curve to the production HARGUS 1990-1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARGUS 1990-1 is an estimate of value, not an offer and not an appraisal.
- How much income does HARGUS 1990-1 generate in a year?
- HARGUS 1990-1 is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HARGUS 1990-1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Austin Energy Operations, Inc. |
|---|---|
| Field | Squiers (1450) |
| County | Eastland County, Texas |
| RRC district | 7B |
| Lease number | 26005 |
| Wellbores | 1 |
| Reported production | 9,446 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $59K |
Where HARGUS 1990-1 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.