HILL UNIT 1

HILL UNIT 1 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Xto Energy Inc. It has 9 wellbores on file with the Commission. Reported production runs from May 2024 to August 2026, totalling 1,631,828 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $3.7M, with roughly $1.3M expected over the next twelve months.

OperatorXto Energy Inc.
FieldSpraberry (Trend Area)
CountyMartin County, Texas
RRC district08
Lease number61356
Wellbores9
Reported production1,631,828 bbl
First reportedMay 2024
Last reportedAugust 2026
Estimated royalty value$3.7M

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.