HANSON UNIT

HANSON UNIT is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Costilla Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 31,020 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 $144K, with roughly $24K 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 22 barrels a month. Its strongest month on the record we hold was May 2016, at 154 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 HANSON UNIT

Who operates HANSON UNIT?
HANSON UNIT is operated by Costilla Petroleum Corporation, Railroad Commission of Texas operator number 180545.
Where is HANSON UNIT?
HANSON UNIT is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 28803.
Is HANSON UNIT still producing?
HANSON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HANSON UNIT is August 2026.
How much has HANSON UNIT produced?
HANSON UNIT has reported 31,020 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is HANSON UNIT worth?
The remaining production from HANSON UNIT is estimated to be worth about $144K in total as of 26 August 2026, within a range of $79K to $208K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HANSON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HANSON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HANSON UNIT is an estimate of value, not an offer and not an appraisal.
How much income does HANSON UNIT generate in a year?
HANSON UNIT is forecast to net about $24K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HANSON UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HANSON UNIT as filed with the Railroad Commission of Texas
OperatorCostilla Petroleum Corporation
FieldDewey Lake, S. (Strawn)
CountyGlasscock County, Texas
RRC district08
Lease number28803
Wellbores1
Reported production31,020 bbl
First reported
Last reported
Estimated royalty value$144K

Where HANSON UNIT 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.