HADRIAN
HADRIAN is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Ring Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2017 to August 2026, totalling 229,391 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 $2.6M, with roughly $570K 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 688 barrels a month. Its strongest month on the record we hold was March 2017, at 19,788 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 HADRIAN
- Who operates HADRIAN?
- HADRIAN is operated by Ring Energy, Inc., Railroad Commission of Texas operator number 712382.
- Where is HADRIAN?
- HADRIAN is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48608.
- Is HADRIAN still producing?
- HADRIAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HADRIAN is August 2026.
- How much has HADRIAN produced?
- HADRIAN has reported 229,391 barrels of oil (bbl) to the Railroad Commission of Texas between February 2017 and August 2026, from 1 wellbore.
- How much is HADRIAN worth?
- The remaining production from HADRIAN is estimated to be worth about $2.6M in total as of 26 August 2026, within a range of $2.1M to $3.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HADRIAN is a fraction of it. The estimate fits an Arps decline curve to the production HADRIAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HADRIAN is an estimate of value, not an offer and not an appraisal.
- How much income does HADRIAN generate in a year?
- HADRIAN is forecast to net about $570K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HADRIAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ring Energy, Inc. |
|---|---|
| Field | Block A-34 (San Andres) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 48608 |
| Wellbores | 1 |
| Reported production | 229,391 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.6M |
Where HADRIAN 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.