KEY, HOBART
KEY, HOBART is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by Amoco Production Company. It has 19 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 772,118 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 $344K, with roughly $142K 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 263 barrels a month, about 14 per wellbore. Its strongest month on the record we hold was June 2021, at 768 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 KEY, HOBART
- Who operates KEY, HOBART?
- KEY, HOBART is operated by Amoco Production Company, Railroad Commission of Texas operator number 020425.
- Where is KEY, HOBART?
- KEY, HOBART is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 07558.
- Is KEY, HOBART still producing?
- KEY, HOBART is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KEY, HOBART is August 2026.
- How much has KEY, HOBART produced?
- KEY, HOBART has reported 772,118 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 19 wellbores.
- How much is KEY, HOBART worth?
- The remaining production from KEY, HOBART is estimated to be worth about $344K in total as of 27 August 2026, within a range of $268K to $419K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KEY, HOBART is a fraction of it. The estimate fits an Arps decline curve to the production KEY, HOBART has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KEY, HOBART is an estimate of value, not an offer and not an appraisal.
- How much income does KEY, HOBART generate in a year?
- KEY, HOBART is forecast to net about $142K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KEY, HOBART receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amoco Production Company |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 07558 |
| Wellbores | 19 |
| Reported production | 772,118 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $344K |
Where KEY, HOBART 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.