HOGAN
HOGAN is a Texas oil lease in Eastland County, Railroad Commission district 7B, operated by Advance Exploration. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 5,811 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 $33K, with roughly $6K 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 8 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was January 2022, at 78 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 HOGAN
- Who operates HOGAN?
- HOGAN is operated by Advance Exploration, Railroad Commission of Texas operator number 008482.
- Where is HOGAN?
- HOGAN is a Texas oil lease in Eastland County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 20850.
- Is HOGAN still producing?
- HOGAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOGAN is August 2026.
- How much has HOGAN produced?
- HOGAN has reported 5,811 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is HOGAN worth?
- The remaining production from HOGAN is estimated to be worth about $33K in total as of 27 August 2026, within a range of $0 to $65K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOGAN is a fraction of it. The estimate fits an Arps decline curve to the production HOGAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOGAN is an estimate of value, not an offer and not an appraisal.
- How much income does HOGAN generate in a year?
- HOGAN is forecast to net about $6K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOGAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Advance Exploration |
|---|---|
| Field | Advance (Strawn) |
| County | Eastland County, Texas |
| RRC district | 7B |
| Lease number | 20850 |
| Wellbores | 2 |
| Reported production | 5,811 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $33K |
Where HOGAN 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.