HAWKER 1503BL
HAWKER 1503BL 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 196,861 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 $1.6M, with roughly $452K 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 302 barrels a month. Its strongest month on the record we hold was June 2018, at 32,181 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 1503BL
- Who operates HAWKER 1503BL?
- HAWKER 1503BL is operated by Oxy USA WTP LP, Railroad Commission of Texas operator number 630555.
- Where is HAWKER 1503BL?
- HAWKER 1503BL is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20395.
- Is HAWKER 1503BL still producing?
- HAWKER 1503BL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HAWKER 1503BL is August 2026.
- How much has HAWKER 1503BL produced?
- HAWKER 1503BL has reported 196,861 barrels of oil (bbl) to the Railroad Commission of Texas between May 2018 and August 2026, from 1 wellbore.
- How much is HAWKER 1503BL worth?
- The remaining production from HAWKER 1503BL is estimated to be worth about $1.6M in total as of 27 August 2026, within a range of $1.3M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAWKER 1503BL is a fraction of it. The estimate fits an Arps decline curve to the production HAWKER 1503BL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAWKER 1503BL is an estimate of value, not an offer and not an appraisal.
- How much income does HAWKER 1503BL generate in a year?
- HAWKER 1503BL is forecast to net about $452K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HAWKER 1503BL 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 | 20395 |
| Wellbores | 1 |
| Reported production | 196,861 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where HAWKER 1503BL 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.