GARDENHIRE
GARDENHIRE is a Texas oil lease in Borden County, Railroad Commission district 8A, operated by Honeck Oil Company, LP. It has 1 wellbore on file with the Commission. Reported production runs from July 2008 to August 2026, totalling 13,212 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 $61K, with roughly $12K 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 14 barrels a month. Its strongest month on the record we hold was November 2017, at 124 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 GARDENHIRE
- Who operates GARDENHIRE?
- GARDENHIRE is operated by Honeck Oil Company, LP, Railroad Commission of Texas operator number 397164.
- Where is GARDENHIRE?
- GARDENHIRE is a Texas oil lease in Borden County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69279.
- Is GARDENHIRE still producing?
- GARDENHIRE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GARDENHIRE is August 2026.
- How much has GARDENHIRE produced?
- GARDENHIRE has reported 13,212 barrels of oil (bbl) to the Railroad Commission of Texas between July 2008 and August 2026, from 1 wellbore.
- How much is GARDENHIRE worth?
- The remaining production from GARDENHIRE is estimated to be worth about $61K in total as of 27 August 2026, within a range of $34K to $89K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GARDENHIRE is a fraction of it. The estimate fits an Arps decline curve to the production GARDENHIRE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GARDENHIRE is an estimate of value, not an offer and not an appraisal.
- How much income does GARDENHIRE generate in a year?
- GARDENHIRE is forecast to net about $12K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GARDENHIRE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Honeck Oil Company, LP |
|---|---|
| Field | Lamb (Spraberry) |
| County | Borden County, Texas |
| RRC district | 8A |
| Lease number | 69279 |
| Wellbores | 1 |
| Reported production | 13,212 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $61K |
Where GARDENHIRE 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.