HART
HART is a Texas gas lease in Hansford County, Railroad Commission district 10, operated by Kaiser-Francis Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from October 2005 to August 2026, totalling 1,719,986 thousand cubic feet. 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 $208K, with roughly $40K 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 1,874 thousand cubic feet a month. Its strongest month on the record we hold was August 2022, at 3,001 thousand cubic feet. 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 HART
- Who operates HART?
- HART is operated by Kaiser-Francis Oil Company, Railroad Commission of Texas operator number 450175.
- Where is HART?
- HART is a Texas gas lease in Hansford County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 213589.
- Is HART still producing?
- HART is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HART is August 2026.
- How much has HART produced?
- HART has reported 1,719,986 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2005 and August 2026, from 1 wellbore.
- How much is HART worth?
- The remaining production from HART is estimated to be worth about $208K in total as of 27 August 2026, within a range of $172K to $243K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HART is a fraction of it. The estimate fits an Arps decline curve to the production HART has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HART is an estimate of value, not an offer and not an appraisal.
- How much income does HART generate in a year?
- HART is forecast to net about $40K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HART receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kaiser-Francis Oil Company |
|---|---|
| Field | Hansford (Morrow, Middle) |
| County | Hansford County, Texas |
| RRC district | 10 |
| Lease number | 213589 |
| Wellbores | 1 |
| Reported production | 1,719,986 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $208K |
Where HART 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.