STATELAND
STATELAND is a Texas oil lease in Hardin County, Railroad Commission district 03, operated by Saratoga Energy Corporation. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 22,226 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 $221K, with roughly $42K 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 95 barrels a month, about 32 per wellbore. Its strongest month on the record we hold was July 2025, at 380 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 STATELAND
- Who operates STATELAND?
- STATELAND is operated by Saratoga Energy Corporation, Railroad Commission of Texas operator number 748435.
- Where is STATELAND?
- STATELAND is a Texas oil lease in Hardin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 00236.
- Is STATELAND still producing?
- STATELAND is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATELAND is August 2026.
- How much has STATELAND produced?
- STATELAND has reported 22,226 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is STATELAND worth?
- The remaining production from STATELAND is estimated to be worth about $221K in total as of 27 August 2026, within a range of $122K to $320K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATELAND is a fraction of it. The estimate fits an Arps decline curve to the production STATELAND has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATELAND is an estimate of value, not an offer and not an appraisal.
- How much income does STATELAND generate in a year?
- STATELAND is forecast to net about $42K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STATELAND receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Saratoga Energy Corporation |
|---|---|
| Field | Batson Old |
| County | Hardin County, Texas |
| RRC district | 03 |
| Lease number | 00236 |
| Wellbores | 3 |
| Reported production | 22,226 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $221K |
Where STATELAND 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.