HILDRETH UNIT
HILDRETH UNIT is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Ulatex Oil & Gas Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 208,605 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 $424K 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 635 barrels a month, about 212 per wellbore. Its strongest month on the record we hold was June 2019, at 1,149 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 HILDRETH UNIT
- Who operates HILDRETH UNIT?
- HILDRETH UNIT is operated by Ulatex Oil & Gas Inc., Railroad Commission of Texas operator number 875632.
- Where is HILDRETH UNIT?
- HILDRETH UNIT is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 15664.
- Is HILDRETH UNIT still producing?
- HILDRETH UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HILDRETH UNIT is August 2026.
- How much has HILDRETH UNIT produced?
- HILDRETH UNIT has reported 208,605 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is HILDRETH UNIT worth?
- The remaining production from HILDRETH UNIT is estimated to be worth about $1.9M in total as of 26 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 HILDRETH UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HILDRETH UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HILDRETH UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HILDRETH UNIT generate in a year?
- HILDRETH UNIT is forecast to net about $424K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HILDRETH UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ulatex Oil & Gas Inc. |
|---|---|
| Field | Hildreth |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 15664 |
| Wellbores | 3 |
| Reported production | 208,605 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where HILDRETH UNIT 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.