ST PATRICK 40-45
ST PATRICK 40-45 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Hannathon Petroleum, LLC. It has 2 wellbores on file with the Commission. Reported production runs from November 2021 to August 2026, totalling 335,649 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 $5.7M, with roughly $1.5M 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 1,761 barrels a month, about 880 per wellbore. Its strongest month on the record we hold was December 2021, at 40,252 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 ST PATRICK 40-45
- Who operates ST PATRICK 40-45?
- ST PATRICK 40-45 is operated by Hannathon Petroleum, LLC, Railroad Commission of Texas operator number 354954.
- Where is ST PATRICK 40-45?
- ST PATRICK 40-45 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56608.
- Is ST PATRICK 40-45 still producing?
- ST PATRICK 40-45 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ST PATRICK 40-45 is August 2026.
- How much has ST PATRICK 40-45 produced?
- ST PATRICK 40-45 has reported 335,649 barrels of oil (bbl) to the Railroad Commission of Texas between November 2021 and August 2026, from 2 wellbores.
- How much is ST PATRICK 40-45 worth?
- The remaining production from ST PATRICK 40-45 is estimated to be worth about $5.7M in total as of 26 August 2026, within a range of $4.8M to $6.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ST PATRICK 40-45 is a fraction of it. The estimate fits an Arps decline curve to the production ST PATRICK 40-45 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ST PATRICK 40-45 is an estimate of value, not an offer and not an appraisal.
- How much income does ST PATRICK 40-45 generate in a year?
- ST PATRICK 40-45 is forecast to net about $1.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ST PATRICK 40-45 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 | 56608 |
| Wellbores | 2 |
| Reported production | 335,649 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.7M |
Where ST PATRICK 40-45 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.