HILLMAN 303
HILLMAN 303 is a Texas oil lease in Frio County, Railroad Commission district 01, operated by Javelin Energy Partners MGMT LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2023 to August 2026, totalling 210,526 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 $51K, with roughly $50K 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 1,861 barrels a month. Its strongest month on the record we hold was April 2024, at 34,289 barrels. 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 HILLMAN 303
- Who operates HILLMAN 303?
- HILLMAN 303 is operated by Javelin Energy Partners MGMT LLC, Railroad Commission of Texas operator number 100351.
- Where is HILLMAN 303?
- HILLMAN 303 is a Texas oil lease in Frio County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21170.
- Is HILLMAN 303 still producing?
- HILLMAN 303 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HILLMAN 303 is August 2026.
- How much has HILLMAN 303 produced?
- HILLMAN 303 has reported 210,526 barrels of oil (bbl) to the Railroad Commission of Texas between June 2023 and August 2026, from 1 wellbore.
- How much is HILLMAN 303 worth?
- The remaining production from HILLMAN 303 is estimated to be worth about $51K in total as of 26 August 2026, within a range of $42K to $60K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HILLMAN 303 is a fraction of it. The estimate fits an Arps decline curve to the production HILLMAN 303 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HILLMAN 303 is an estimate of value, not an offer and not an appraisal.
- How much income does HILLMAN 303 generate in a year?
- HILLMAN 303 is forecast to net about $50K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HILLMAN 303 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Javelin Energy Partners MGMT LLC |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Frio County, Texas |
| RRC district | 01 |
| Lease number | 21170 |
| Wellbores | 1 |
| Reported production | 210,526 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $51K |
Where HILLMAN 303 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.