ACKERLY HALE 29
ACKERLY HALE 29 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Energen Resources Corporation. It has 1 wellbore on file with the Commission. Reported production runs from December 2013 to August 2026, totalling 70,434 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 $790K, with roughly $151K 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 153 barrels a month. Its strongest month on the record we hold was January 2017, at 699 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 ACKERLY HALE 29
- Who operates ACKERLY HALE 29?
- ACKERLY HALE 29 is operated by Energen Resources Corporation, Railroad Commission of Texas operator number 252002.
- Where is ACKERLY HALE 29?
- ACKERLY HALE 29 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44661.
- Is ACKERLY HALE 29 still producing?
- ACKERLY HALE 29 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ACKERLY HALE 29 is August 2026.
- How much has ACKERLY HALE 29 produced?
- ACKERLY HALE 29 has reported 70,434 barrels of oil (bbl) to the Railroad Commission of Texas between December 2013 and August 2026, from 1 wellbore.
- How much is ACKERLY HALE 29 worth?
- The remaining production from ACKERLY HALE 29 is estimated to be worth about $790K in total as of 26 August 2026, within a range of $616K to $964K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ACKERLY HALE 29 is a fraction of it. The estimate fits an Arps decline curve to the production ACKERLY HALE 29 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ACKERLY HALE 29 is an estimate of value, not an offer and not an appraisal.
- How much income does ACKERLY HALE 29 generate in a year?
- ACKERLY HALE 29 is forecast to net about $151K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ACKERLY HALE 29 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Energen Resources Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 44661 |
| Wellbores | 1 |
| Reported production | 70,434 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $790K |
Where ACKERLY HALE 29 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.