TATE, ROBERT J.
TATE, ROBERT J. is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Hep Oil GP, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2009 to August 2026, totalling 14,029 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 $292K, with roughly $52K 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 61 barrels a month. Its strongest month on the record we hold was January 2022, at 226 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 TATE, ROBERT J.
- Who operates TATE, ROBERT J.?
- TATE, ROBERT J. is operated by Hep Oil GP, LLC, Railroad Commission of Texas operator number 379552.
- Where is TATE, ROBERT J.?
- TATE, ROBERT J. is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31447.
- Is TATE, ROBERT J. still producing?
- TATE, ROBERT J. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TATE, ROBERT J. is August 2026.
- How much has TATE, ROBERT J. produced?
- TATE, ROBERT J. has reported 14,029 barrels of oil (bbl) to the Railroad Commission of Texas between August 2009 and August 2026, from 1 wellbore.
- How much is TATE, ROBERT J. worth?
- The remaining production from TATE, ROBERT J. is estimated to be worth about $292K in total as of 26 August 2026, within a range of $161K to $424K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TATE, ROBERT J. is a fraction of it. The estimate fits an Arps decline curve to the production TATE, ROBERT J. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TATE, ROBERT J. is an estimate of value, not an offer and not an appraisal.
- How much income does TATE, ROBERT J. generate in a year?
- TATE, ROBERT J. is forecast to net about $52K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TATE, ROBERT J. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hep Oil GP, LLC |
|---|---|
| Field | Southmayd, Ne. (Davis) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 31447 |
| Wellbores | 1 |
| Reported production | 14,029 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $292K |
Where TATE, ROBERT J. 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.