HANCOCK
HANCOCK is a Texas oil lease in Crosby County, Railroad Commission district 8A, operated by Gungoll, Carl E. Exploration LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2014 to August 2026, totalling 21,647 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 $379K, with roughly $73K 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 100 barrels a month. Its strongest month on the record we hold was December 2016, at 255 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 HANCOCK
- Who operates HANCOCK?
- HANCOCK is operated by Gungoll, Carl E. Exploration LLC, Railroad Commission of Texas operator number 339348.
- Where is HANCOCK?
- HANCOCK is a Texas oil lease in Crosby County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70259.
- Is HANCOCK still producing?
- HANCOCK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HANCOCK is August 2026.
- How much has HANCOCK produced?
- HANCOCK has reported 21,647 barrels of oil (bbl) to the Railroad Commission of Texas between October 2014 and August 2026, from 1 wellbore.
- How much is HANCOCK worth?
- The remaining production from HANCOCK is estimated to be worth about $379K in total as of 26 August 2026, within a range of $295K to $462K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HANCOCK is a fraction of it. The estimate fits an Arps decline curve to the production HANCOCK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HANCOCK is an estimate of value, not an offer and not an appraisal.
- How much income does HANCOCK generate in a year?
- HANCOCK is forecast to net about $73K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HANCOCK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gungoll, Carl E. Exploration LLC |
|---|---|
| Field | Hoople (Clear Fork) |
| County | Crosby County, Texas |
| RRC district | 8A |
| Lease number | 70259 |
| Wellbores | 1 |
| Reported production | 21,647 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $379K |
Where HANCOCK 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.