HARGROVE 49
HARGROVE 49 is a Texas oil lease in Scurry County, Railroad Commission district 08, operated by Clear Fork, Incorporated. It has 1 wellbore on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 296,367 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 $1.9M, with roughly $531K 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 704 barrels a month. Its strongest month on the record we hold was December 2018, at 15,663 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 HARGROVE 49
- Who operates HARGROVE 49?
- HARGROVE 49 is operated by Clear Fork, Incorporated, Railroad Commission of Texas operator number 159500.
- Where is HARGROVE 49?
- HARGROVE 49 is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51026.
- Is HARGROVE 49 still producing?
- HARGROVE 49 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARGROVE 49 is August 2026.
- How much has HARGROVE 49 produced?
- HARGROVE 49 has reported 296,367 barrels of oil (bbl) to the Railroad Commission of Texas between September 2018 and August 2026, from 1 wellbore.
- How much is HARGROVE 49 worth?
- The remaining production from HARGROVE 49 is estimated to be worth about $1.9M in total as of 27 August 2026, within a range of $1.5M to $2.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARGROVE 49 is a fraction of it. The estimate fits an Arps decline curve to the production HARGROVE 49 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARGROVE 49 is an estimate of value, not an offer and not an appraisal.
- How much income does HARGROVE 49 generate in a year?
- HARGROVE 49 is forecast to net about $531K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HARGROVE 49 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Clear Fork, Incorporated |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Scurry County, Texas |
| RRC district | 08 |
| Lease number | 51026 |
| Wellbores | 1 |
| Reported production | 296,367 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where HARGROVE 49 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.