HANKS, BILLIE "A"
HANKS, BILLIE "A" is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by Pioneer Exploration Company. It has 5 wellbores on file with the Commission. Reported production runs from January 2001 to August 2026, totalling 127,519 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 $856K, with roughly $165K 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 241 barrels a month, about 48 per wellbore. Its strongest month on the record we hold was July 2022, at 622 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 HANKS, BILLIE "A"
- Who operates HANKS, BILLIE "A"?
- HANKS, BILLIE "A" is operated by Pioneer Exploration Company, Railroad Commission of Texas operator number 665734.
- Where is HANKS, BILLIE "A"?
- HANKS, BILLIE "A" is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 28924.
- Is HANKS, BILLIE "A" still producing?
- HANKS, BILLIE "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HANKS, BILLIE "A" is August 2026.
- How much has HANKS, BILLIE "A" produced?
- HANKS, BILLIE "A" has reported 127,519 barrels of oil (bbl) to the Railroad Commission of Texas between January 2001 and August 2026, from 5 wellbores.
- How much is HANKS, BILLIE "A" worth?
- The remaining production from HANKS, BILLIE "A" is estimated to be worth about $856K in total as of 27 August 2026, within a range of $668K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HANKS, BILLIE "A" is a fraction of it. The estimate fits an Arps decline curve to the production HANKS, BILLIE "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HANKS, BILLIE "A" is an estimate of value, not an offer and not an appraisal.
- How much income does HANKS, BILLIE "A" generate in a year?
- HANKS, BILLIE "A" is forecast to net about $165K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HANKS, BILLIE "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Exploration Company |
|---|---|
| Field | Hylton, NW. (Breckenridge) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 28924 |
| Wellbores | 5 |
| Reported production | 127,519 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $856K |
Where HANKS, BILLIE "A" 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.