AXIS UNIT
AXIS UNIT is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Hat Creek Energy LLC. It has 3 wellbores on file with the Commission. Reported production runs from February 2013 to August 2026, totalling 912,302 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 $11.4M, with roughly $2.6M 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 3,954 barrels a month, about 1,318 per wellbore. Its strongest month on the record we hold was March 2017, at 98,323 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 AXIS UNIT
- Who operates AXIS UNIT?
- AXIS UNIT is operated by Hat Creek Energy LLC, Railroad Commission of Texas operator number 366047.
- Where is AXIS UNIT?
- AXIS UNIT is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18961.
- Is AXIS UNIT still producing?
- AXIS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AXIS UNIT is August 2026.
- How much has AXIS UNIT produced?
- AXIS UNIT has reported 912,302 barrels of oil (bbl) to the Railroad Commission of Texas between February 2013 and August 2026, from 3 wellbores.
- How much is AXIS UNIT worth?
- The remaining production from AXIS UNIT is estimated to be worth about $11.4M in total as of 26 August 2026, within a range of $9.5M to $13.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AXIS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production AXIS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AXIS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does AXIS UNIT generate in a year?
- AXIS UNIT is forecast to net about $2.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in AXIS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hat Creek Energy LLC |
|---|---|
| Field | Indio Tanks (Pearsall) |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 18961 |
| Wellbores | 3 |
| Reported production | 912,302 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $11.4M |
Where AXIS UNIT 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.