HAWKER 1502B
HAWKER 1502B is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Oxy USA WTP LP. It has 1 wellbore on file with the Commission. Reported production runs from May 2018 to August 2026, totalling 219,563 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 $2.8M, with roughly $418K 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 242 barrels a month. Its strongest month on the record we hold was June 2018, at 29,591 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 HAWKER 1502B
- Who operates HAWKER 1502B?
- HAWKER 1502B is operated by Oxy USA WTP LP, Railroad Commission of Texas operator number 630555.
- Where is HAWKER 1502B?
- HAWKER 1502B is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20394.
- Is HAWKER 1502B still producing?
- HAWKER 1502B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HAWKER 1502B is August 2026.
- How much has HAWKER 1502B produced?
- HAWKER 1502B has reported 219,563 barrels of oil (bbl) to the Railroad Commission of Texas between May 2018 and August 2026, from 1 wellbore.
- How much is HAWKER 1502B worth?
- The remaining production from HAWKER 1502B is estimated to be worth about $2.8M in total as of 27 August 2026, within a range of $2.2M to $3.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAWKER 1502B is a fraction of it. The estimate fits an Arps decline curve to the production HAWKER 1502B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAWKER 1502B is an estimate of value, not an offer and not an appraisal.
- How much income does HAWKER 1502B generate in a year?
- HAWKER 1502B is forecast to net about $418K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HAWKER 1502B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA WTP LP |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 20394 |
| Wellbores | 1 |
| Reported production | 219,563 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.8M |
Where HAWKER 1502B 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.