HOOKS

HOOKS is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Miranda Energy Corporation. It has 3 wellbores on file with the Commission. Reported production runs from December 2011 to August 2026, totalling 11,276 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 $12K, with roughly $2K 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 3 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was July 2016, at 145 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 HOOKS

Who operates HOOKS?
HOOKS is operated by Miranda Energy Corporation, Railroad Commission of Texas operator number 570393.
Where is HOOKS?
HOOKS is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42218.
Is HOOKS still producing?
HOOKS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOOKS is August 2026.
How much has HOOKS produced?
HOOKS has reported 11,276 barrels of oil (bbl) to the Railroad Commission of Texas between December 2011 and August 2026, from 3 wellbores.
How much is HOOKS worth?
The remaining production from HOOKS is estimated to be worth about $12K in total as of 26 August 2026, within a range of $0 to $24K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOOKS is a fraction of it. The estimate fits an Arps decline curve to the production HOOKS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOOKS is an estimate of value, not an offer and not an appraisal.
How much income does HOOKS generate in a year?
HOOKS is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HOOKS receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HOOKS as filed with the Railroad Commission of Texas
OperatorMiranda Energy Corporation
FieldHoward Glasscock (Consolidated)
CountyHoward County, Texas
RRC district08
Lease number42218
Wellbores3
Reported production11,276 bbl
First reported
Last reported
Estimated royalty value$12K

Where HOOKS 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.