HOUSTON 45
HOUSTON 45 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Hannathon Petroleum, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2015 to August 2026, totalling 84,046 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 $947K, with roughly $251K 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 354 barrels a month. Its strongest month on the record we hold was May 2016, at 1,061 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 HOUSTON 45
- Who operates HOUSTON 45?
- HOUSTON 45 is operated by Hannathon Petroleum, LLC, Railroad Commission of Texas operator number 354954.
- Where is HOUSTON 45?
- HOUSTON 45 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47405.
- Is HOUSTON 45 still producing?
- HOUSTON 45 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOUSTON 45 is August 2026.
- How much has HOUSTON 45 produced?
- HOUSTON 45 has reported 84,046 barrels of oil (bbl) to the Railroad Commission of Texas between January 2015 and August 2026, from 1 wellbore.
- How much is HOUSTON 45 worth?
- The remaining production from HOUSTON 45 is estimated to be worth about $947K in total as of 27 August 2026, within a range of $739K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOUSTON 45 is a fraction of it. The estimate fits an Arps decline curve to the production HOUSTON 45 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOUSTON 45 is an estimate of value, not an offer and not an appraisal.
- How much income does HOUSTON 45 generate in a year?
- HOUSTON 45 is forecast to net about $251K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOUSTON 45 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hannathon Petroleum, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 47405 |
| Wellbores | 1 |
| Reported production | 84,046 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $947K |
Where HOUSTON 45 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.