HARTGROVE 0304 D

HARTGROVE 0304 D is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from February 2020 to August 2026, totalling 304,515 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 $5.7M, with roughly $1.4M 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 1,859 barrels a month. Its strongest month on the record we hold was June 2021, at 23,556 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 HARTGROVE 0304 D

Who operates HARTGROVE 0304 D?
HARTGROVE 0304 D is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
Where is HARTGROVE 0304 D?
HARTGROVE 0304 D is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21111.
Is HARTGROVE 0304 D still producing?
HARTGROVE 0304 D is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARTGROVE 0304 D is August 2026.
How much has HARTGROVE 0304 D produced?
HARTGROVE 0304 D has reported 304,515 barrels of oil (bbl) to the Railroad Commission of Texas between February 2020 and August 2026, from 1 wellbore.
How much is HARTGROVE 0304 D worth?
The remaining production from HARTGROVE 0304 D is estimated to be worth about $5.7M in total as of 26 August 2026, within a range of $4.7M to $6.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARTGROVE 0304 D is a fraction of it. The estimate fits an Arps decline curve to the production HARTGROVE 0304 D has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARTGROVE 0304 D is an estimate of value, not an offer and not an appraisal.
How much income does HARTGROVE 0304 D generate in a year?
HARTGROVE 0304 D is forecast to net about $1.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HARTGROVE 0304 D receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HARTGROVE 0304 D as filed with the Railroad Commission of Texas
OperatorApache Corporation
FieldSpraberry (Trend Area)
CountyReagan County, Texas
RRC district7C
Lease number21111
Wellbores1
Reported production304,515 bbl
First reported
Last reported
Estimated royalty value$5.7M

Where HARTGROVE 0304 D 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.