HARDY
HARDY is a Texas gas lease in Madison County, Railroad Commission district 03, operated by Burk Royalty Co., Ltd. It has 1 wellbore on file with the Commission. Reported production runs from July 2014 to August 2026, totalling 408,385 thousand cubic feet. The lease is intermittent. 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 $586K, with roughly $112K 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 54 thousand cubic feet a month. Its strongest month on the record we hold was May 2017, at 3,169 thousand cubic feet. 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 HARDY
- Who operates HARDY?
- HARDY is operated by Burk Royalty Co., Ltd., Railroad Commission of Texas operator number 108799.
- Where is HARDY?
- HARDY is a Texas gas lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 278455.
- Is HARDY still producing?
- HARDY is intermittent. The most recent month of production reported to the Railroad Commission of Texas for HARDY is August 2026.
- How much has HARDY produced?
- HARDY has reported 408,385 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2014 and August 2026, from 1 wellbore.
- How much is HARDY worth?
- The remaining production from HARDY is estimated to be worth about $586K in total as of 26 August 2026, within a range of $322K to $850K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARDY is a fraction of it. The estimate fits an Arps decline curve to the production HARDY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARDY is an estimate of value, not an offer and not an appraisal.
- How much income does HARDY generate in a year?
- HARDY is forecast to net about $112K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HARDY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burk Royalty Co., Ltd. |
|---|---|
| Field | Fort Trinidad (Glen Rose, Upper) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 278455 |
| Wellbores | 1 |
| Reported production | 408,385 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $586K |
Where HARDY 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.