HAMMERHEAD 54-1-48

HAMMERHEAD 54-1-48 is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2018 to August 2026, totalling 447,084 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 $8.7M, with roughly $1.9M 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 2,441 barrels a month. Its strongest month on the record we hold was November 2018, at 20,615 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 HAMMERHEAD 54-1-48

Who operates HAMMERHEAD 54-1-48?
HAMMERHEAD 54-1-48 is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
Where is HAMMERHEAD 54-1-48?
HAMMERHEAD 54-1-48 is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50636.
Is HAMMERHEAD 54-1-48 still producing?
HAMMERHEAD 54-1-48 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HAMMERHEAD 54-1-48 is August 2026.
How much has HAMMERHEAD 54-1-48 produced?
HAMMERHEAD 54-1-48 has reported 447,084 barrels of oil (bbl) to the Railroad Commission of Texas between April 2018 and August 2026, from 1 wellbore.
How much is HAMMERHEAD 54-1-48 worth?
The remaining production from HAMMERHEAD 54-1-48 is estimated to be worth about $8.7M in total as of 27 August 2026, within a range of $7.2M to $10.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAMMERHEAD 54-1-48 is a fraction of it. The estimate fits an Arps decline curve to the production HAMMERHEAD 54-1-48 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAMMERHEAD 54-1-48 is an estimate of value, not an offer and not an appraisal.
How much income does HAMMERHEAD 54-1-48 generate in a year?
HAMMERHEAD 54-1-48 is forecast to net about $1.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HAMMERHEAD 54-1-48 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HAMMERHEAD 54-1-48 as filed with the Railroad Commission of Texas
OperatorAnadarko E&P Onshore LLC
FieldSandbar (Bone Spring)
CountyLoving County, Texas
RRC district08
Lease number50636
Wellbores1
Reported production447,084 bbl
First reported
Last reported
Estimated royalty value$8.7M

Where HAMMERHEAD 54-1-48 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.