HOT SPRINGS 29-32 C
HOT SPRINGS 29-32 C is a Texas oil lease in Dawson County, Railroad Commission district 08, operated by Ike Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2024 to August 2026, totalling 420,586 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 $4.4M, with roughly $3.8M 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 25,469 barrels a month. Its strongest month on the record we hold was May 2025, at 47,680 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 HOT SPRINGS 29-32 C
- Who operates HOT SPRINGS 29-32 C?
- HOT SPRINGS 29-32 C is operated by Ike Operating, LLC, Railroad Commission of Texas operator number 101633.
- Where is HOT SPRINGS 29-32 C?
- HOT SPRINGS 29-32 C is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62650.
- Is HOT SPRINGS 29-32 C still producing?
- HOT SPRINGS 29-32 C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOT SPRINGS 29-32 C is August 2026.
- How much has HOT SPRINGS 29-32 C produced?
- HOT SPRINGS 29-32 C has reported 420,586 barrels of oil (bbl) to the Railroad Commission of Texas between December 2024 and August 2026, from 1 wellbore.
- How much is HOT SPRINGS 29-32 C worth?
- The remaining production from HOT SPRINGS 29-32 C is estimated to be worth about $4.4M in total as of 27 August 2026, within a range of $3.6M to $5.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOT SPRINGS 29-32 C is a fraction of it. The estimate fits an Arps decline curve to the production HOT SPRINGS 29-32 C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOT SPRINGS 29-32 C is an estimate of value, not an offer and not an appraisal.
- How much income does HOT SPRINGS 29-32 C generate in a year?
- HOT SPRINGS 29-32 C is forecast to net about $3.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOT SPRINGS 29-32 C receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ike Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Dawson County, Texas |
| RRC district | 08 |
| Lease number | 62650 |
| Wellbores | 1 |
| Reported production | 420,586 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.4M |
Where HOT SPRINGS 29-32 C 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.