HAMMERHEAD
HAMMERHEAD is a Texas oil lease in Brazos County, Railroad Commission district 03, operated by Sabalo Exploration Operating,LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2013 to August 2026, totalling 275,339 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 $461K, with roughly $89K 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 139 barrels a month. Its strongest month on the record we hold was August 2016, at 1,581 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 HAMMERHEAD
- Who operates HAMMERHEAD?
- HAMMERHEAD is operated by Sabalo Exploration Operating,LLC, Railroad Commission of Texas operator number 741936.
- Where is HAMMERHEAD?
- HAMMERHEAD is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26699.
- Is HAMMERHEAD still producing?
- HAMMERHEAD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HAMMERHEAD is August 2026.
- How much has HAMMERHEAD produced?
- HAMMERHEAD has reported 275,339 barrels of oil (bbl) to the Railroad Commission of Texas between August 2013 and August 2026, from 1 wellbore.
- How much is HAMMERHEAD worth?
- The remaining production from HAMMERHEAD is estimated to be worth about $461K in total as of 26 August 2026, within a range of $360K to $563K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAMMERHEAD is a fraction of it. The estimate fits an Arps decline curve to the production HAMMERHEAD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAMMERHEAD is an estimate of value, not an offer and not an appraisal.
- How much income does HAMMERHEAD generate in a year?
- HAMMERHEAD is forecast to net about $89K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HAMMERHEAD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sabalo Exploration Operating,LLC |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Brazos County, Texas |
| RRC district | 03 |
| Lease number | 26699 |
| Wellbores | 1 |
| Reported production | 275,339 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $461K |
Where HAMMERHEAD 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.