HAT CREEK
HAT CREEK is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Gordy Oil Company. It has 3 wellbores on file with the Commission. Reported production runs from October 2022 to August 2026, totalling 358,112 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 $4.9M, with roughly $2.2M 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 4,302 barrels a month, about 1,434 per wellbore. Its strongest month on the record we hold was January 2023, at 16,845 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 HAT CREEK
- Who operates HAT CREEK?
- HAT CREEK is operated by Gordy Oil Company, Railroad Commission of Texas operator number 317150.
- Where is HAT CREEK?
- HAT CREEK is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 58507.
- Is HAT CREEK still producing?
- HAT CREEK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HAT CREEK is August 2026.
- How much has HAT CREEK produced?
- HAT CREEK has reported 358,112 barrels of oil (bbl) to the Railroad Commission of Texas between October 2022 and August 2026, from 3 wellbores.
- How much is HAT CREEK worth?
- The remaining production from HAT CREEK is estimated to be worth about $4.9M in total as of 26 August 2026, within a range of $4.1M to $5.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAT CREEK is a fraction of it. The estimate fits an Arps decline curve to the production HAT CREEK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAT CREEK is an estimate of value, not an offer and not an appraisal.
- How much income does HAT CREEK generate in a year?
- HAT CREEK is forecast to net about $2.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HAT CREEK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gordy Oil Company |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 58507 |
| Wellbores | 3 |
| Reported production | 358,112 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.9M |
Where HAT CREEK 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.