HOGAN 1-25B
HOGAN 1-25B is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Parsley Energy Operations, LLC. It has 3 wellbores on file with the Commission. Reported production runs from May 2019 to August 2026, totalling 1,502,512 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 $3.5M, 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 3,891 barrels a month, about 1,297 per wellbore. Its strongest month on the record we hold was June 2019, at 123,123 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 HOGAN 1-25B
- Who operates HOGAN 1-25B?
- HOGAN 1-25B is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is HOGAN 1-25B?
- HOGAN 1-25B is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52839.
- Is HOGAN 1-25B still producing?
- HOGAN 1-25B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOGAN 1-25B is August 2026.
- How much has HOGAN 1-25B produced?
- HOGAN 1-25B has reported 1,502,512 barrels of oil (bbl) to the Railroad Commission of Texas between May 2019 and August 2026, from 3 wellbores.
- How much is HOGAN 1-25B worth?
- The remaining production from HOGAN 1-25B is estimated to be worth about $3.5M in total as of 27 August 2026, within a range of $2.9M to $4.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOGAN 1-25B is a fraction of it. The estimate fits an Arps decline curve to the production HOGAN 1-25B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOGAN 1-25B is an estimate of value, not an offer and not an appraisal.
- How much income does HOGAN 1-25B generate in a year?
- HOGAN 1-25B 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 HOGAN 1-25B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parsley Energy Operations, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 52839 |
| Wellbores | 3 |
| Reported production | 1,502,512 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.5M |
Where HOGAN 1-25B 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.