HCE HM 04

HCE HM 04 is a Texas oil lease in Frio County, Railroad Commission district 01, operated by Hat Creek Energy LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2016 to August 2026, totalling 97,438 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 $1.5M, with roughly $330K 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 546 barrels a month. Its strongest month on the record we hold was October 2016, at 9,169 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 HCE HM 04

Who operates HCE HM 04?
HCE HM 04 is operated by Hat Creek Energy LLC, Railroad Commission of Texas operator number 366047.
Where is HCE HM 04?
HCE HM 04 is a Texas oil lease in Frio County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18945.
Is HCE HM 04 still producing?
HCE HM 04 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HCE HM 04 is August 2026.
How much has HCE HM 04 produced?
HCE HM 04 has reported 97,438 barrels of oil (bbl) to the Railroad Commission of Texas between July 2016 and August 2026, from 1 wellbore.
How much is HCE HM 04 worth?
The remaining production from HCE HM 04 is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HCE HM 04 is a fraction of it. The estimate fits an Arps decline curve to the production HCE HM 04 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HCE HM 04 is an estimate of value, not an offer and not an appraisal.
How much income does HCE HM 04 generate in a year?
HCE HM 04 is forecast to net about $330K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HCE HM 04 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HCE HM 04 as filed with the Railroad Commission of Texas
OperatorHat Creek Energy LLC
FieldBriscoe Ranch (Eagleford)
CountyFrio County, Texas
RRC district01
Lease number18945
Wellbores1
Reported production97,438 bbl
First reported
Last reported
Estimated royalty value$1.5M

Where HCE HM 04 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.