HOPE 01
HOPE 01 is a Texas gas lease in De Witt County, Railroad Commission district 02, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2014 to August 2026, totalling 2,302,824 thousand cubic feet. 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 $909K, with roughly $448K 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 2,207 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 32,681 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 HOPE 01
- Who operates HOPE 01?
- HOPE 01 is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is HOPE 01?
- HOPE 01 is a Texas gas lease in De Witt County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 278593.
- Is HOPE 01 still producing?
- HOPE 01 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOPE 01 is August 2026.
- How much has HOPE 01 produced?
- HOPE 01 has reported 2,302,824 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2014 and August 2026, from 1 wellbore.
- How much is HOPE 01 worth?
- The remaining production from HOPE 01 is estimated to be worth about $909K in total as of 26 August 2026, within a range of $754K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOPE 01 is a fraction of it. The estimate fits an Arps decline curve to the production HOPE 01 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOPE 01 is an estimate of value, not an offer and not an appraisal.
- How much income does HOPE 01 generate in a year?
- HOPE 01 is forecast to net about $448K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HOPE 01 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | De Witt (Eagle Ford Shale) |
| County | De Witt County, Texas |
| RRC district | 02 |
| Lease number | 278593 |
| Wellbores | 1 |
| Reported production | 2,302,824 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $909K |
Where HOPE 01 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.