LOCKHART 58
LOCKHART 58 is a Texas oil lease in Hemphill County, Railroad Commission district 10, operated by Eog Resources, Inc. It has 2 wellbores on file with the Commission. Reported production runs from March 2004 to August 2026, totalling 27,929 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 $431K, with roughly $67K 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 56 barrels a month, about 28 per wellbore. Its strongest month on the record we hold was July 2016, at 359 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 LOCKHART 58
- Who operates LOCKHART 58?
- LOCKHART 58 is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is LOCKHART 58?
- LOCKHART 58 is a Texas oil lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 07500.
- Is LOCKHART 58 still producing?
- LOCKHART 58 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOCKHART 58 is August 2026.
- How much has LOCKHART 58 produced?
- LOCKHART 58 has reported 27,929 barrels of oil (bbl) to the Railroad Commission of Texas between March 2004 and August 2026, from 2 wellbores.
- How much is LOCKHART 58 worth?
- The remaining production from LOCKHART 58 is estimated to be worth about $431K in total as of 26 August 2026, within a range of $237K to $625K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOCKHART 58 is a fraction of it. The estimate fits an Arps decline curve to the production LOCKHART 58 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOCKHART 58 is an estimate of value, not an offer and not an appraisal.
- How much income does LOCKHART 58 generate in a year?
- LOCKHART 58 is forecast to net about $67K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOCKHART 58 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Feldman (Basal Tonkawa) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 07500 |
| Wellbores | 2 |
| Reported production | 27,929 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $431K |
Where LOCKHART 58 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.