LOCKHART 56
LOCKHART 56 is a Texas oil lease in Hemphill County, Railroad Commission district 10, operated by Eog Resources, Inc. It has 4 wellbores on file with the Commission. Reported production runs from March 2004 to August 2026, totalling 15,167 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 $427K, with roughly $64K 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 34 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was September 2025, at 186 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 LOCKHART 56
- Who operates LOCKHART 56?
- LOCKHART 56 is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is LOCKHART 56?
- LOCKHART 56 is a Texas oil lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 07502.
- Is LOCKHART 56 still producing?
- LOCKHART 56 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOCKHART 56 is August 2026.
- How much has LOCKHART 56 produced?
- LOCKHART 56 has reported 15,167 barrels of oil (bbl) to the Railroad Commission of Texas between March 2004 and August 2026, from 4 wellbores.
- How much is LOCKHART 56 worth?
- The remaining production from LOCKHART 56 is estimated to be worth about $427K in total as of 27 August 2026, within a range of $235K to $618K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOCKHART 56 is a fraction of it. The estimate fits an Arps decline curve to the production LOCKHART 56 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOCKHART 56 is an estimate of value, not an offer and not an appraisal.
- How much income does LOCKHART 56 generate in a year?
- LOCKHART 56 is forecast to net about $64K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LOCKHART 56 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Feldman (Basal Tonkawa) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 07502 |
| Wellbores | 4 |
| Reported production | 15,167 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $427K |
Where LOCKHART 56 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.