HAM
HAM is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Sable Permian Resources, LLC. It has 6 wellbores on file with the Commission. Reported production runs from March 2020 to August 2026, totalling 244,652 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 $11.6M, with roughly $2.4M 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 2,573 barrels a month, about 429 per wellbore. Its strongest month on the record we hold was April 2021, at 5,495 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 HAM
- Who operates HAM?
- HAM is operated by Sable Permian Resources, LLC, Railroad Commission of Texas operator number 742251.
- Where is HAM?
- HAM is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20563.
- Is HAM still producing?
- HAM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HAM is August 2026.
- How much has HAM produced?
- HAM has reported 244,652 barrels of oil (bbl) to the Railroad Commission of Texas between March 2020 and August 2026, from 6 wellbores.
- How much is HAM worth?
- The remaining production from HAM is estimated to be worth about $11.6M in total as of 27 August 2026, within a range of $9.7M to $13.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAM is a fraction of it. The estimate fits an Arps decline curve to the production HAM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAM is an estimate of value, not an offer and not an appraisal.
- How much income does HAM generate in a year?
- HAM is forecast to net about $2.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HAM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sable Permian Resources, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 20563 |
| Wellbores | 6 |
| Reported production | 244,652 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $11.6M |
Where HAM 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.