HARTGROVE 0304 F
HARTGROVE 0304 F is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from February 2020 to August 2026, totalling 317,859 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 $1.1M 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 1,501 barrels a month. Its strongest month on the record we hold was June 2021, at 23,899 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 HARTGROVE 0304 F
- Who operates HARTGROVE 0304 F?
- HARTGROVE 0304 F is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is HARTGROVE 0304 F?
- HARTGROVE 0304 F is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21112.
- Is HARTGROVE 0304 F still producing?
- HARTGROVE 0304 F is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARTGROVE 0304 F is August 2026.
- How much has HARTGROVE 0304 F produced?
- HARTGROVE 0304 F has reported 317,859 barrels of oil (bbl) to the Railroad Commission of Texas between February 2020 and August 2026, from 1 wellbore.
- How much is HARTGROVE 0304 F worth?
- The remaining production from HARTGROVE 0304 F is estimated to be worth about $3.5M in total as of 26 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 HARTGROVE 0304 F is a fraction of it. The estimate fits an Arps decline curve to the production HARTGROVE 0304 F has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARTGROVE 0304 F is an estimate of value, not an offer and not an appraisal.
- How much income does HARTGROVE 0304 F generate in a year?
- HARTGROVE 0304 F is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HARTGROVE 0304 F receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 21112 |
| Wellbores | 1 |
| Reported production | 317,859 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.5M |
Where HARTGROVE 0304 F 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.