TURNER PROPERTIES-HICKS
TURNER PROPERTIES-HICKS is a Texas oil lease in Sterling County, Railroad Commission district 7C, operated by Turner, D. Ann Garrett, Est. Of. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 22,274 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 $200K, with roughly $31K 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 13 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was February 2019, at 85 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 TURNER PROPERTIES-HICKS
- Who operates TURNER PROPERTIES-HICKS?
- TURNER PROPERTIES-HICKS is operated by Turner, D. Ann Garrett, Est. Of, Railroad Commission of Texas operator number 873295.
- Where is TURNER PROPERTIES-HICKS?
- TURNER PROPERTIES-HICKS is a Texas oil lease in Sterling County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 06846.
- Is TURNER PROPERTIES-HICKS still producing?
- TURNER PROPERTIES-HICKS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TURNER PROPERTIES-HICKS is August 2026.
- How much has TURNER PROPERTIES-HICKS produced?
- TURNER PROPERTIES-HICKS has reported 22,274 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is TURNER PROPERTIES-HICKS worth?
- The remaining production from TURNER PROPERTIES-HICKS is estimated to be worth about $200K in total as of 26 August 2026, within a range of $110K to $290K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TURNER PROPERTIES-HICKS is a fraction of it. The estimate fits an Arps decline curve to the production TURNER PROPERTIES-HICKS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TURNER PROPERTIES-HICKS is an estimate of value, not an offer and not an appraisal.
- How much income does TURNER PROPERTIES-HICKS generate in a year?
- TURNER PROPERTIES-HICKS is forecast to net about $31K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TURNER PROPERTIES-HICKS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Turner, D. Ann Garrett, Est. Of |
|---|---|
| Field | Jameson, SW. (Strawn) |
| County | Sterling County, Texas |
| RRC district | 7C |
| Lease number | 06846 |
| Wellbores | 6 |
| Reported production | 22,274 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $200K |
Where TURNER PROPERTIES-HICKS 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.