FRED HART
FRED HART is a Texas oil lease in Callahan County, Railroad Commission district 7B, operated by Grothe Bros. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 9,576 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 $155K, with roughly $30K 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 39 barrels a month, about 10 per wellbore. Its strongest month on the record we hold was May 2024, at 161 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 FRED HART
- Who operates FRED HART?
- FRED HART is operated by Grothe Bros., Railroad Commission of Texas operator number 335410.
- Where is FRED HART?
- FRED HART is a Texas oil lease in Callahan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 19613.
- Is FRED HART still producing?
- FRED HART is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FRED HART is August 2026.
- How much has FRED HART produced?
- FRED HART has reported 9,576 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is FRED HART worth?
- The remaining production from FRED HART is estimated to be worth about $155K in total as of 27 August 2026, within a range of $85K to $225K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRED HART is a fraction of it. The estimate fits an Arps decline curve to the production FRED HART has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRED HART is an estimate of value, not an offer and not an appraisal.
- How much income does FRED HART generate in a year?
- FRED HART is forecast to net about $30K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FRED HART receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Grothe Bros. |
|---|---|
| Field | Callahan County Regular |
| County | Callahan County, Texas |
| RRC district | 7B |
| Lease number | 19613 |
| Wellbores | 4 |
| Reported production | 9,576 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $155K |
Where FRED HART 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.