HOOVER, A. C.
HOOVER, A. C. is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Austin Production Company, Inc. It has 19 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 181,610 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 $600K, with roughly $115K 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 143 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was May 2019, at 565 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 HOOVER, A. C.
- Who operates HOOVER, A. C.?
- HOOVER, A. C. is operated by Austin Production Company, Inc., Railroad Commission of Texas operator number 037058.
- Where is HOOVER, A. C.?
- HOOVER, A. C. is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 03564.
- Is HOOVER, A. C. still producing?
- HOOVER, A. C. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOOVER, A. C. is August 2026.
- How much has HOOVER, A. C. produced?
- HOOVER, A. C. has reported 181,610 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 19 wellbores.
- How much is HOOVER, A. C. worth?
- The remaining production from HOOVER, A. C. is estimated to be worth about $600K in total as of 27 August 2026, within a range of $468K to $732K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOOVER, A. C. is a fraction of it. The estimate fits an Arps decline curve to the production HOOVER, A. C. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOOVER, A. C. is an estimate of value, not an offer and not an appraisal.
- How much income does HOOVER, A. C. generate in a year?
- HOOVER, A. C. is forecast to net about $115K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOOVER, A. C. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Austin Production Company, Inc. |
|---|---|
| Field | Shannon (San Andres) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 03564 |
| Wellbores | 19 |
| Reported production | 181,610 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $600K |
Where HOOVER, A. C. 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.