HILL-STATE
HILL-STATE is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Fivestones Energy LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2021 to August 2026, totalling 18,962 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 $888K, with roughly $162K 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 208 barrels a month. Its strongest month on the record we hold was March 2022, at 974 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 HILL-STATE
- Who operates HILL-STATE?
- HILL-STATE is operated by Fivestones Energy LLC, Railroad Commission of Texas operator number 271567.
- Where is HILL-STATE?
- HILL-STATE is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56698.
- Is HILL-STATE still producing?
- HILL-STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HILL-STATE is August 2026.
- How much has HILL-STATE produced?
- HILL-STATE has reported 18,962 barrels of oil (bbl) to the Railroad Commission of Texas between December 2021 and August 2026, from 1 wellbore.
- How much is HILL-STATE worth?
- The remaining production from HILL-STATE is estimated to be worth about $888K in total as of 26 August 2026, within a range of $692K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HILL-STATE is a fraction of it. The estimate fits an Arps decline curve to the production HILL-STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HILL-STATE is an estimate of value, not an offer and not an appraisal.
- How much income does HILL-STATE generate in a year?
- HILL-STATE is forecast to net about $162K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HILL-STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fivestones Energy LLC |
|---|---|
| Field | Martin (Consolidated) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 56698 |
| Wellbores | 1 |
| Reported production | 18,962 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $888K |
Where HILL-STATE 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.