HAMLIN UNIT 15-22
HAMLIN UNIT 15-22 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Element Petro Operating II, LLC. It has 12 wellbores on file with the Commission. Reported production runs from September 2013 to August 2026, totalling 3,357,494 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 $23.1M, with roughly $7.8M 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 10,452 barrels a month, about 871 per wellbore. Its strongest month on the record we hold was July 2019, at 144,457 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 HAMLIN UNIT 15-22
- Who operates HAMLIN UNIT 15-22?
- HAMLIN UNIT 15-22 is operated by Element Petro Operating II, LLC, Railroad Commission of Texas operator number 247685.
- Where is HAMLIN UNIT 15-22?
- HAMLIN UNIT 15-22 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45494.
- Is HAMLIN UNIT 15-22 still producing?
- HAMLIN UNIT 15-22 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HAMLIN UNIT 15-22 is August 2026.
- How much has HAMLIN UNIT 15-22 produced?
- HAMLIN UNIT 15-22 has reported 3,357,494 barrels of oil (bbl) to the Railroad Commission of Texas between September 2013 and August 2026, from 12 wellbores.
- How much is HAMLIN UNIT 15-22 worth?
- The remaining production from HAMLIN UNIT 15-22 is estimated to be worth about $23.1M in total as of 26 August 2026, within a range of $19.0M to $27.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAMLIN UNIT 15-22 is a fraction of it. The estimate fits an Arps decline curve to the production HAMLIN UNIT 15-22 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAMLIN UNIT 15-22 is an estimate of value, not an offer and not an appraisal.
- How much income does HAMLIN UNIT 15-22 generate in a year?
- HAMLIN UNIT 15-22 is forecast to net about $7.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HAMLIN UNIT 15-22 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Element Petro Operating II, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 45494 |
| Wellbores | 12 |
| Reported production | 3,357,494 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $23.1M |
Where HAMLIN UNIT 15-22 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.