HALE
HALE is a Texas oil lease in Roberts County, Railroad Commission district 10, operated by Bracken Operating, L.L.C. It has 2 wellbores on file with the Commission. Reported production runs from June 2003 to August 2026, totalling 71,538 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 $361K, with roughly $60K 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 64 barrels a month, about 32 per wellbore. Its strongest month on the record we hold was February 2018, at 354 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 HALE
- Who operates HALE?
- HALE is operated by Bracken Operating, L.L.C., Railroad Commission of Texas operator number 085851.
- Where is HALE?
- HALE is a Texas oil lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 07455.
- Is HALE still producing?
- HALE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HALE is August 2026.
- How much has HALE produced?
- HALE has reported 71,538 barrels of oil (bbl) to the Railroad Commission of Texas between June 2003 and August 2026, from 2 wellbores.
- How much is HALE worth?
- The remaining production from HALE is estimated to be worth about $361K in total as of 26 August 2026, within a range of $198K to $523K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HALE is a fraction of it. The estimate fits an Arps decline curve to the production HALE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HALE is an estimate of value, not an offer and not an appraisal.
- How much income does HALE generate in a year?
- HALE is forecast to net about $60K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HALE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bracken Operating, L.L.C. |
|---|---|
| Field | R. D. Mills (Atoka) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 07455 |
| Wellbores | 2 |
| Reported production | 71,538 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $361K |
Where HALE 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.