WHEELER HC1
WHEELER HC1 is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Ineos USA Oil & Gas LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2025 to August 2026, totalling 163,791 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 $12.0M, with roughly $4.9M 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 12,969 barrels a month. Its strongest month on the record we hold was July 2025, at 26,810 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 WHEELER HC1
- Who operates WHEELER HC1?
- WHEELER HC1 is operated by Ineos USA Oil & Gas LLC, Railroad Commission of Texas operator number 424176.
- Where is WHEELER HC1?
- WHEELER HC1 is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21812.
- Is WHEELER HC1 still producing?
- WHEELER HC1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WHEELER HC1 is August 2026.
- How much has WHEELER HC1 produced?
- WHEELER HC1 has reported 163,791 barrels of oil (bbl) to the Railroad Commission of Texas between February 2025 and August 2026, from 1 wellbore.
- How much is WHEELER HC1 worth?
- The remaining production from WHEELER HC1 is estimated to be worth about $12.0M in total as of 27 August 2026, within a range of $9.9M to $14.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WHEELER HC1 is a fraction of it. The estimate fits an Arps decline curve to the production WHEELER HC1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WHEELER HC1 is an estimate of value, not an offer and not an appraisal.
- How much income does WHEELER HC1 generate in a year?
- WHEELER HC1 is forecast to net about $4.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WHEELER HC1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ineos USA Oil & Gas LLC |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 21812 |
| Wellbores | 1 |
| Reported production | 163,791 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12.0M |
Where WHEELER HC1 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.