HAGAR UNIT
HAGAR UNIT is a Texas oil lease in Kent County, Railroad Commission district 8A, operated by Alpine Petroleum. It has 5 wellbores on file with the Commission. Reported production runs from June 2014 to August 2026, totalling 116,965 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 $3.0M, with roughly $685K 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 962 barrels a month, about 192 per wellbore. Its strongest month on the record we hold was June 2016, at 1,550 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 HAGAR UNIT
- Who operates HAGAR UNIT?
- HAGAR UNIT is operated by Alpine Petroleum, Railroad Commission of Texas operator number 015138.
- Where is HAGAR UNIT?
- HAGAR UNIT is a Texas oil lease in Kent County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70147.
- Is HAGAR UNIT still producing?
- HAGAR UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HAGAR UNIT is August 2026.
- How much has HAGAR UNIT produced?
- HAGAR UNIT has reported 116,965 barrels of oil (bbl) to the Railroad Commission of Texas between June 2014 and August 2026, from 5 wellbores.
- How much is HAGAR UNIT worth?
- The remaining production from HAGAR UNIT is estimated to be worth about $3.0M in total as of 26 August 2026, within a range of $2.4M to $3.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAGAR UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HAGAR UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAGAR UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HAGAR UNIT generate in a year?
- HAGAR UNIT is forecast to net about $685K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HAGAR UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Alpine Petroleum |
|---|---|
| Field | Wild Turkey (Tannehill) |
| County | Kent County, Texas |
| RRC district | 8A |
| Lease number | 70147 |
| Wellbores | 5 |
| Reported production | 116,965 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.0M |
Where HAGAR 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.