HBL UNIT
HBL UNIT is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Production Consultants, Inc. It has 22 wellbores on file with the Commission. Reported production runs from September 1994 to August 2026, totalling 40,152 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 $695K, with roughly $134K 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 153 barrels a month, about 7 per wellbore. Its strongest month on the record we hold was April 2022, at 355 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 HBL UNIT
- Who operates HBL UNIT?
- HBL UNIT is operated by Production Consultants, Inc., Railroad Commission of Texas operator number 680750.
- Where is HBL UNIT?
- HBL UNIT is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 07032.
- Is HBL UNIT still producing?
- HBL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HBL UNIT is August 2026.
- How much has HBL UNIT produced?
- HBL UNIT has reported 40,152 barrels of oil (bbl) to the Railroad Commission of Texas between September 1994 and August 2026, from 22 wellbores.
- How much is HBL UNIT worth?
- The remaining production from HBL UNIT is estimated to be worth about $695K in total as of 26 August 2026, within a range of $542K to $848K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HBL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HBL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HBL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HBL UNIT generate in a year?
- HBL UNIT is forecast to net about $134K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HBL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Production Consultants, Inc. |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 07032 |
| Wellbores | 22 |
| Reported production | 40,152 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $695K |
Where HBL 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.