HOEFS TRUST
HOEFS TRUST is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Vital Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2024 to August 2026, totalling 8,070 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 $1.4M, with roughly $328K 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 415 barrels a month. Its strongest month on the record we hold was March 2025, at 934 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 HOEFS TRUST
- Who operates HOEFS TRUST?
- HOEFS TRUST is operated by Vital Energy, Inc., Railroad Commission of Texas operator number 100951.
- Where is HOEFS TRUST?
- HOEFS TRUST is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62481.
- Is HOEFS TRUST still producing?
- HOEFS TRUST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOEFS TRUST is August 2026.
- How much has HOEFS TRUST produced?
- HOEFS TRUST has reported 8,070 barrels of oil (bbl) to the Railroad Commission of Texas between December 2024 and August 2026, from 1 wellbore.
- How much is HOEFS TRUST worth?
- The remaining production from HOEFS TRUST is estimated to be worth about $1.4M in total as of 27 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOEFS TRUST is a fraction of it. The estimate fits an Arps decline curve to the production HOEFS TRUST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOEFS TRUST is an estimate of value, not an offer and not an appraisal.
- How much income does HOEFS TRUST generate in a year?
- HOEFS TRUST is forecast to net about $328K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOEFS TRUST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Vital Energy, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 62481 |
| Wellbores | 1 |
| Reported production | 8,070 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where HOEFS TRUST 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.