HIRT
HIRT is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Burleson Petroleum, Inc. It has 2 wellbores on file with the Commission. Reported production runs from October 2019 to August 2026, totalling 31,452 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 $913K, with roughly $275K 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 306 barrels a month, about 153 per wellbore. Its strongest month on the record we hold was October 2019, at 925 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 HIRT
- Who operates HIRT?
- HIRT is operated by Burleson Petroleum, Inc., Railroad Commission of Texas operator number 109255.
- Where is HIRT?
- HIRT is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53368.
- Is HIRT still producing?
- HIRT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HIRT is August 2026.
- How much has HIRT produced?
- HIRT has reported 31,452 barrels of oil (bbl) to the Railroad Commission of Texas between October 2019 and August 2026, from 2 wellbores.
- How much is HIRT worth?
- The remaining production from HIRT is estimated to be worth about $913K in total as of 27 August 2026, within a range of $712K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HIRT is a fraction of it. The estimate fits an Arps decline curve to the production HIRT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HIRT is an estimate of value, not an offer and not an appraisal.
- How much income does HIRT generate in a year?
- HIRT is forecast to net about $275K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HIRT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burleson Petroleum, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 53368 |
| Wellbores | 2 |
| Reported production | 31,452 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $913K |
Where HIRT 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.