HURST #4

HURST #4 is a Texas oil lease in Hardeman County, Railroad Commission district 09, operated by Key Energy Of Colorado, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2002 to August 2026, totalling 245,584 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 $1.1M, with roughly $259K 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 397 barrels a month. Its strongest month on the record we hold was May 2016, at 814 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 HURST #4

Who operates HURST #4?
HURST #4 is operated by Key Energy Of Colorado, Inc., Railroad Commission of Texas operator number 458560.
Where is HURST #4?
HURST #4 is a Texas oil lease in Hardeman County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 30043.
Is HURST #4 still producing?
HURST #4 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HURST #4 is August 2026.
How much has HURST #4 produced?
HURST #4 has reported 245,584 barrels of oil (bbl) to the Railroad Commission of Texas between January 2002 and August 2026, from 1 wellbore.
How much is HURST #4 worth?
The remaining production from HURST #4 is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $883K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HURST #4 is a fraction of it. The estimate fits an Arps decline curve to the production HURST #4 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HURST #4 is an estimate of value, not an offer and not an appraisal.
How much income does HURST #4 generate in a year?
HURST #4 is forecast to net about $259K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HURST #4 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HURST #4 as filed with the Railroad Commission of Texas
OperatorKey Energy Of Colorado, Inc.
FieldStepp (Chappel)
CountyHardeman County, Texas
RRC district09
Lease number30043
Wellbores1
Reported production245,584 bbl
First reported
Last reported
Estimated royalty value$1.1M

Where HURST #4 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.