HARGROVE, BETTY

HARGROVE, BETTY is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Pure Resources, L.P. It has 1 wellbore on file with the Commission. Reported production runs from November 2003 to August 2026, totalling 200,581 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 $28K, with roughly $6K 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 316 thousand cubic feet a month. Its strongest month on the record we hold was September 2017, at 1,112 thousand cubic feet. 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 HARGROVE, BETTY

Who operates HARGROVE, BETTY?
HARGROVE, BETTY is operated by Pure Resources, L.P., Railroad Commission of Texas operator number 683080.
Where is HARGROVE, BETTY?
HARGROVE, BETTY is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 211392.
Is HARGROVE, BETTY still producing?
HARGROVE, BETTY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARGROVE, BETTY is August 2026.
How much has HARGROVE, BETTY produced?
HARGROVE, BETTY has reported 200,581 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2003 and August 2026, from 1 wellbore.
How much is HARGROVE, BETTY worth?
The remaining production from HARGROVE, BETTY is estimated to be worth about $28K in total as of 27 August 2026, within a range of $22K to $34K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARGROVE, BETTY is a fraction of it. The estimate fits an Arps decline curve to the production HARGROVE, BETTY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARGROVE, BETTY is an estimate of value, not an offer and not an appraisal.
How much income does HARGROVE, BETTY generate in a year?
HARGROVE, BETTY is forecast to net about $6K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HARGROVE, BETTY receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HARGROVE, BETTY as filed with the Railroad Commission of Texas
OperatorPure Resources, L.P.
FieldRojo Caballos, South (Devonian)
CountyReeves County, Texas
RRC district08
Lease number211392
Wellbores1
Reported production200,581 mcf
First reported
Last reported
Estimated royalty value$28K

Where HARGROVE, BETTY 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.