HALSEY B
HALSEY B is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Lario Oil & Gas Company. It has 2 wellbores on file with the Commission. Reported production runs from November 2020 to August 2026, totalling 369,954 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 $8.1M, with roughly $2.8M 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 3,671 barrels a month, about 1,836 per wellbore. Its strongest month on the record we hold was August 2022, at 20,911 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 HALSEY B
- Who operates HALSEY B?
- HALSEY B is operated by Lario Oil & Gas Company, Railroad Commission of Texas operator number 486710.
- Where is HALSEY B?
- HALSEY B is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 57953.
- Is HALSEY B still producing?
- HALSEY B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HALSEY B is August 2026.
- How much has HALSEY B produced?
- HALSEY B has reported 369,954 barrels of oil (bbl) to the Railroad Commission of Texas between November 2020 and August 2026, from 2 wellbores.
- How much is HALSEY B worth?
- The remaining production from HALSEY B is estimated to be worth about $8.1M in total as of 26 August 2026, within a range of $6.7M to $9.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HALSEY B is a fraction of it. The estimate fits an Arps decline curve to the production HALSEY B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HALSEY B is an estimate of value, not an offer and not an appraisal.
- How much income does HALSEY B generate in a year?
- HALSEY B is forecast to net about $2.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HALSEY B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lario Oil & Gas Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 57953 |
| Wellbores | 2 |
| Reported production | 369,954 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.1M |
Where HALSEY B 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.