CRAMER-LOGAN WATERFLOOD UNIT
CRAMER-LOGAN WATERFLOOD UNIT is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Hep Oil Company, Ltd. It has 38 wellbores on file with the Commission. Reported production runs from December 2004 to August 2026, totalling 401,676 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 $87K, with roughly $17K 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 40 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was July 2016, at 1,538 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 CRAMER-LOGAN WATERFLOOD UNIT
- Who operates CRAMER-LOGAN WATERFLOOD UNIT?
- CRAMER-LOGAN WATERFLOOD UNIT is operated by Hep Oil Company, Ltd., Railroad Commission of Texas operator number 379520.
- Where is CRAMER-LOGAN WATERFLOOD UNIT?
- CRAMER-LOGAN WATERFLOOD UNIT is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 30379.
- Is CRAMER-LOGAN WATERFLOOD UNIT still producing?
- CRAMER-LOGAN WATERFLOOD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRAMER-LOGAN WATERFLOOD UNIT is August 2026.
- How much has CRAMER-LOGAN WATERFLOOD UNIT produced?
- CRAMER-LOGAN WATERFLOOD UNIT has reported 401,676 barrels of oil (bbl) to the Railroad Commission of Texas between December 2004 and August 2026, from 38 wellbores.
- How much is CRAMER-LOGAN WATERFLOOD UNIT worth?
- The remaining production from CRAMER-LOGAN WATERFLOOD UNIT is estimated to be worth about $87K in total as of 26 August 2026, within a range of $48K to $126K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRAMER-LOGAN WATERFLOOD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CRAMER-LOGAN WATERFLOOD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRAMER-LOGAN WATERFLOOD UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CRAMER-LOGAN WATERFLOOD UNIT generate in a year?
- CRAMER-LOGAN WATERFLOOD UNIT is forecast to net about $17K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CRAMER-LOGAN WATERFLOOD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hep Oil Company, Ltd. |
|---|---|
| Field | Wizard Wells (Caddo 4900) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 30379 |
| Wellbores | 38 |
| Reported production | 401,676 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $87K |
Where CRAMER-LOGAN WATERFLOOD UNIT 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.