SAU 44
SAU 44 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Hardy Oil & Gas USA Inc. It has 19 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 694,581 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 $98K, with roughly $18K 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 41 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was December 2016, at 1,452 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 SAU 44
- Who operates SAU 44?
- SAU 44 is operated by Hardy Oil & Gas USA Inc., Railroad Commission of Texas operator number 356796.
- Where is SAU 44?
- SAU 44 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 12348.
- Is SAU 44 still producing?
- SAU 44 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SAU 44 is August 2026.
- How much has SAU 44 produced?
- SAU 44 has reported 694,581 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 19 wellbores.
- How much is SAU 44 worth?
- The remaining production from SAU 44 is estimated to be worth about $98K in total as of 27 August 2026, within a range of $54K to $142K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SAU 44 is a fraction of it. The estimate fits an Arps decline curve to the production SAU 44 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SAU 44 is an estimate of value, not an offer and not an appraisal.
- How much income does SAU 44 generate in a year?
- SAU 44 is forecast to net about $18K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SAU 44 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hardy Oil & Gas USA Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 12348 |
| Wellbores | 19 |
| Reported production | 694,581 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $98K |
Where SAU 44 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.