HOOPSNAKE 22
HOOPSNAKE 22 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by New Height Energy, LLC. It has 3 wellbores on file with the Commission. Reported production runs from June 2024 to August 2026, totalling 3,812 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 $1.3M, with roughly $229K 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 229 barrels a month, about 76 per wellbore. Its strongest month on the record we hold was October 2025, at 342 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 HOOPSNAKE 22
- Who operates HOOPSNAKE 22?
- HOOPSNAKE 22 is operated by New Height Energy, LLC, Railroad Commission of Texas operator number 100152.
- Where is HOOPSNAKE 22?
- HOOPSNAKE 22 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62235.
- Is HOOPSNAKE 22 still producing?
- HOOPSNAKE 22 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOOPSNAKE 22 is August 2026.
- How much has HOOPSNAKE 22 produced?
- HOOPSNAKE 22 has reported 3,812 barrels of oil (bbl) to the Railroad Commission of Texas between June 2024 and August 2026, from 3 wellbores.
- How much is HOOPSNAKE 22 worth?
- The remaining production from HOOPSNAKE 22 is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.0M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOOPSNAKE 22 is a fraction of it. The estimate fits an Arps decline curve to the production HOOPSNAKE 22 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOOPSNAKE 22 is an estimate of value, not an offer and not an appraisal.
- How much income does HOOPSNAKE 22 generate in a year?
- HOOPSNAKE 22 is forecast to net about $229K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HOOPSNAKE 22 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | New Height Energy, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 62235 |
| Wellbores | 3 |
| Reported production | 3,812 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where HOOPSNAKE 22 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.