HARDIN-STATE

HARDIN-STATE is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Topat Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,432,367 thousand cubic feet. 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 $306K, with roughly $55K 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 2,459 thousand cubic feet a month. Its strongest month on the record we hold was June 2019, at 9,778 thousand cubic feet. 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 HARDIN-STATE

Who operates HARDIN-STATE?
HARDIN-STATE is operated by Topat Oil Corporation, Railroad Commission of Texas operator number 862505.
Where is HARDIN-STATE?
HARDIN-STATE is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 064175.
Is HARDIN-STATE still producing?
HARDIN-STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARDIN-STATE is August 2026.
How much has HARDIN-STATE produced?
HARDIN-STATE has reported 1,432,367 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is HARDIN-STATE worth?
The remaining production from HARDIN-STATE is estimated to be worth about $306K in total as of 26 August 2026, within a range of $254K to $357K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARDIN-STATE is a fraction of it. The estimate fits an Arps decline curve to the production HARDIN-STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARDIN-STATE is an estimate of value, not an offer and not an appraisal.
How much income does HARDIN-STATE generate in a year?
HARDIN-STATE is forecast to net about $55K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HARDIN-STATE receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HARDIN-STATE as filed with the Railroad Commission of Texas
OperatorTopat Oil Corporation
FieldToro (Devonian)
CountyReeves County, Texas
RRC district08
Lease number064175
Wellbores1
Reported production1,432,367 mcf
First reported
Last reported
Estimated royalty value$306K

Where HARDIN-STATE 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.