HISAW
HISAW is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Discovery Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 195,748 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 $1.4M, with roughly $520K 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 858 barrels a month. Its strongest month on the record we hold was August 2023, at 1,363 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 HISAW
- Who operates HISAW?
- HISAW is operated by Discovery Operating, Inc., Railroad Commission of Texas operator number 220865.
- Where is HISAW?
- HISAW is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 64400.
- Is HISAW still producing?
- HISAW is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HISAW is August 2026.
- How much has HISAW produced?
- HISAW has reported 195,748 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HISAW worth?
- The remaining production from HISAW is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HISAW is a fraction of it. The estimate fits an Arps decline curve to the production HISAW has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HISAW is an estimate of value, not an offer and not an appraisal.
- How much income does HISAW generate in a year?
- HISAW is forecast to net about $520K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HISAW receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Discovery Operating, Inc. |
|---|---|
| Field | Whitharral (Clear Fork, Lo.) |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 64400 |
| Wellbores | 1 |
| Reported production | 195,748 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where HISAW 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.