HAPGOOD-MOBIL

HAPGOOD-MOBIL is a Texas oil lease in Clay County, Railroad Commission district 09, operated by Demers Oil Production. It has 11 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 15,364 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $12K, with roughly $2K expected over the next twelve months.

OperatorDemers Oil Production
FieldClay County Regular
CountyClay County, Texas
RRC district09
Lease number13116
Wellbores11
Reported production15,364 bbl
First reportedJanuary 1993
Last reportedAugust 2026
Estimated royalty value$12K

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.