HILL
HILL is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Chance Properties. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 63,176 barrels. The lease is intermittent. 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 $32K, 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 8 barrels a month. Its strongest month on the record we hold was January 2020, at 1,826 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 HILL
- Who operates HILL?
- HILL is operated by Chance Properties, Railroad Commission of Texas operator number 144181.
- Where is HILL?
- HILL is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 31288.
- Is HILL still producing?
- HILL is intermittent. The most recent month of production reported to the Railroad Commission of Texas for HILL is August 2026.
- How much has HILL produced?
- HILL has reported 63,176 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HILL worth?
- The remaining production from HILL is estimated to be worth about $32K in total as of 26 August 2026, within a range of $0 to $64K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HILL is a fraction of it. The estimate fits an Arps decline curve to the production HILL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HILL is an estimate of value, not an offer and not an appraisal.
- How much income does HILL generate in a year?
- HILL is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HILL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chance Properties |
|---|---|
| Field | Una Mas (Cherry Canyon) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 31288 |
| Wellbores | 1 |
| Reported production | 63,176 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $32K |
Where HILL 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.