HANEY 10
HANEY 10 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Element Petroleum Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from July 2010 to August 2026, totalling 90,799 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 $734K, with roughly $131K 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 204 barrels a month, about 102 per wellbore. Its strongest month on the record we hold was May 2016, at 622 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 HANEY 10
- Who operates HANEY 10?
- HANEY 10 is operated by Element Petroleum Operating, LLC, Railroad Commission of Texas operator number 247680.
- Where is HANEY 10?
- HANEY 10 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40286.
- Is HANEY 10 still producing?
- HANEY 10 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HANEY 10 is August 2026.
- How much has HANEY 10 produced?
- HANEY 10 has reported 90,799 barrels of oil (bbl) to the Railroad Commission of Texas between July 2010 and August 2026, from 2 wellbores.
- How much is HANEY 10 worth?
- The remaining production from HANEY 10 is estimated to be worth about $734K in total as of 26 August 2026, within a range of $573K to $896K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HANEY 10 is a fraction of it. The estimate fits an Arps decline curve to the production HANEY 10 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HANEY 10 is an estimate of value, not an offer and not an appraisal.
- How much income does HANEY 10 generate in a year?
- HANEY 10 is forecast to net about $131K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HANEY 10 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Element Petroleum Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 40286 |
| Wellbores | 2 |
| Reported production | 90,799 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $734K |
Where HANEY 10 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.