HAZELWOOD -C-
HAZELWOOD -C- is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Santa Fe Energy Resources, Inc. It has 14 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 622,985 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 $203K, with roughly $134K 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 394 barrels a month, about 28 per wellbore. Its strongest month on the record we hold was November 2016, at 4,003 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 HAZELWOOD -C-
- Who operates HAZELWOOD -C-?
- HAZELWOOD -C- is operated by Santa Fe Energy Resources, Inc., Railroad Commission of Texas operator number 748109.
- Where is HAZELWOOD -C-?
- HAZELWOOD -C- is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 22020.
- Is HAZELWOOD -C- still producing?
- HAZELWOOD -C- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HAZELWOOD -C- is August 2026.
- How much has HAZELWOOD -C- produced?
- HAZELWOOD -C- has reported 622,985 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 14 wellbores.
- How much is HAZELWOOD -C- worth?
- The remaining production from HAZELWOOD -C- is estimated to be worth about $203K in total as of 26 August 2026, within a range of $158K to $247K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAZELWOOD -C- is a fraction of it. The estimate fits an Arps decline curve to the production HAZELWOOD -C- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAZELWOOD -C- is an estimate of value, not an offer and not an appraisal.
- How much income does HAZELWOOD -C- generate in a year?
- HAZELWOOD -C- is forecast to net about $134K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HAZELWOOD -C- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Santa Fe Energy Resources, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 22020 |
| Wellbores | 14 |
| Reported production | 622,985 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $203K |
Where HAZELWOOD -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.