HAGELSTEIN
HAGELSTEIN is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Amax Oil & Gas Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 16,590 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 $289K, with roughly $50K 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 40 barrels a month, about 13 per wellbore. Its strongest month on the record we hold was February 2025, at 302 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 HAGELSTEIN
- Who operates HAGELSTEIN?
- HAGELSTEIN is operated by Amax Oil & Gas Inc., Railroad Commission of Texas operator number 016859.
- Where is HAGELSTEIN?
- HAGELSTEIN is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 04354.
- Is HAGELSTEIN still producing?
- HAGELSTEIN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HAGELSTEIN is August 2026.
- How much has HAGELSTEIN produced?
- HAGELSTEIN has reported 16,590 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is HAGELSTEIN worth?
- The remaining production from HAGELSTEIN is estimated to be worth about $289K in total as of 27 August 2026, within a range of $159K to $419K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAGELSTEIN is a fraction of it. The estimate fits an Arps decline curve to the production HAGELSTEIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAGELSTEIN is an estimate of value, not an offer and not an appraisal.
- How much income does HAGELSTEIN generate in a year?
- HAGELSTEIN is forecast to net about $50K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HAGELSTEIN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amax Oil & Gas Inc. |
|---|---|
| Field | Ozona, NW. (Canyon) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 04354 |
| Wellbores | 3 |
| Reported production | 16,590 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $289K |
Where HAGELSTEIN 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.