HASTEN
HASTEN is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Newark E&P Operating, LLC. It has 5 wellbores on file with the Commission. Reported production runs from October 2013 to August 2026, totalling 70,611 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 $980K, with roughly $144K 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 84 barrels a month, about 17 per wellbore. Its strongest month on the record we hold was May 2016, at 685 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 HASTEN
- Who operates HASTEN?
- HASTEN is operated by Newark E&P Operating, LLC, Railroad Commission of Texas operator number 606167.
- Where is HASTEN?
- HASTEN is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 32725.
- Is HASTEN still producing?
- HASTEN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HASTEN is August 2026.
- How much has HASTEN produced?
- HASTEN has reported 70,611 barrels of oil (bbl) to the Railroad Commission of Texas between October 2013 and August 2026, from 5 wellbores.
- How much is HASTEN worth?
- The remaining production from HASTEN is estimated to be worth about $980K in total as of 26 August 2026, within a range of $539K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HASTEN is a fraction of it. The estimate fits an Arps decline curve to the production HASTEN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HASTEN is an estimate of value, not an offer and not an appraisal.
- How much income does HASTEN generate in a year?
- HASTEN is forecast to net about $144K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HASTEN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Newark E&P Operating, LLC |
|---|---|
| Field | KRS (Marble Falls) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 32725 |
| Wellbores | 5 |
| Reported production | 70,611 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $980K |
Where HASTEN 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.