HOGUE
HOGUE is a Texas oil lease in Dawson County, Railroad Commission district 08, operated by Meritage Energy Company, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2011 to August 2026, totalling 19,457 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 $392K, with roughly $75K 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 93 barrels a month. Its strongest month on the record we hold was January 2019, at 187 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 HOGUE
- Who operates HOGUE?
- HOGUE is operated by Meritage Energy Company, LLC, Railroad Commission of Texas operator number 561156.
- Where is HOGUE?
- HOGUE is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41570.
- Is HOGUE still producing?
- HOGUE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOGUE is August 2026.
- How much has HOGUE produced?
- HOGUE has reported 19,457 barrels of oil (bbl) to the Railroad Commission of Texas between May 2011 and August 2026, from 1 wellbore.
- How much is HOGUE worth?
- The remaining production from HOGUE is estimated to be worth about $392K in total as of 26 August 2026, within a range of $216K to $568K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOGUE is a fraction of it. The estimate fits an Arps decline curve to the production HOGUE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOGUE is an estimate of value, not an offer and not an appraisal.
- How much income does HOGUE generate in a year?
- HOGUE is forecast to net about $75K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HOGUE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Meritage Energy Company, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Dawson County, Texas |
| RRC district | 08 |
| Lease number | 41570 |
| Wellbores | 1 |
| Reported production | 19,457 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $392K |
Where HOGUE 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.