HOGAN-SMITH-GARNER
HOGAN-SMITH-GARNER is a Texas oil lease in Milam County, Railroad Commission district 01, operated by 3r-B Oil Venture. It has 2 wellbores on file with the Commission. Reported production runs from October 1993 to August 2026, totalling 18,777 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 $171K, with roughly $33K 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 39 barrels a month, about 20 per wellbore. Its strongest month on the record we hold was January 2025, at 125 barrels. 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 HOGAN-SMITH-GARNER
- Who operates HOGAN-SMITH-GARNER?
- HOGAN-SMITH-GARNER is operated by 3r-B Oil Venture, Railroad Commission of Texas operator number 953641.
- Where is HOGAN-SMITH-GARNER?
- HOGAN-SMITH-GARNER is a Texas oil lease in Milam County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 13795.
- Is HOGAN-SMITH-GARNER still producing?
- HOGAN-SMITH-GARNER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOGAN-SMITH-GARNER is August 2026.
- How much has HOGAN-SMITH-GARNER produced?
- HOGAN-SMITH-GARNER has reported 18,777 barrels of oil (bbl) to the Railroad Commission of Texas between October 1993 and August 2026, from 2 wellbores.
- How much is HOGAN-SMITH-GARNER worth?
- The remaining production from HOGAN-SMITH-GARNER is estimated to be worth about $171K in total as of 26 August 2026, within a range of $94K to $248K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOGAN-SMITH-GARNER is a fraction of it. The estimate fits an Arps decline curve to the production HOGAN-SMITH-GARNER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOGAN-SMITH-GARNER is an estimate of value, not an offer and not an appraisal.
- How much income does HOGAN-SMITH-GARNER generate in a year?
- HOGAN-SMITH-GARNER is forecast to net about $33K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HOGAN-SMITH-GARNER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | 3r-B Oil Venture |
|---|---|
| Field | Minerva-Rockdale |
| County | Milam County, Texas |
| RRC district | 01 |
| Lease number | 13795 |
| Wellbores | 2 |
| Reported production | 18,777 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $171K |
Where HOGAN-SMITH-GARNER 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.