GULF HOOKS
GULF HOOKS is a Texas oil lease in Hardin County, Railroad Commission district 03, operated by Setab Prod. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 5,368 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 $3K, with roughly $538 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 barrels a month. Its strongest month on the record we hold was August 2024, at 30 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 GULF HOOKS
- Who operates GULF HOOKS?
- GULF HOOKS is operated by Setab Prod., Railroad Commission of Texas operator number 767789.
- Where is GULF HOOKS?
- GULF HOOKS is a Texas oil lease in Hardin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 13591.
- Is GULF HOOKS still producing?
- GULF HOOKS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GULF HOOKS is August 2026.
- How much has GULF HOOKS produced?
- GULF HOOKS has reported 5,368 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is GULF HOOKS worth?
- The remaining production from GULF HOOKS is estimated to be worth about $3K in total as of 27 August 2026, within a range of $0 to $6K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GULF HOOKS is a fraction of it. The estimate fits an Arps decline curve to the production GULF HOOKS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GULF HOOKS is an estimate of value, not an offer and not an appraisal.
- How much income does GULF HOOKS generate in a year?
- GULF HOOKS is forecast to net about $538 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GULF HOOKS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Setab Prod. |
|---|---|
| Field | Batson Old |
| County | Hardin County, Texas |
| RRC district | 03 |
| Lease number | 13591 |
| Wellbores | 5 |
| Reported production | 5,368 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where GULF HOOKS 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.