TATUM /CRANE/ UNIT
TATUM /CRANE/ UNIT is a Texas oil lease in Rusk County, Railroad Commission district 06, operated by Amerada Hess Corporation. It has 9 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 136,067 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 $793K, with roughly $152K 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 198 barrels a month, about 22 per wellbore. Its strongest month on the record we hold was July 2020, at 285 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 TATUM /CRANE/ UNIT
- Who operates TATUM /CRANE/ UNIT?
- TATUM /CRANE/ UNIT is operated by Amerada Hess Corporation, Railroad Commission of Texas operator number 016980.
- Where is TATUM /CRANE/ UNIT?
- TATUM /CRANE/ UNIT is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 03881.
- Is TATUM /CRANE/ UNIT still producing?
- TATUM /CRANE/ UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TATUM /CRANE/ UNIT is August 2026.
- How much has TATUM /CRANE/ UNIT produced?
- TATUM /CRANE/ UNIT has reported 136,067 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 9 wellbores.
- How much is TATUM /CRANE/ UNIT worth?
- The remaining production from TATUM /CRANE/ UNIT is estimated to be worth about $793K in total as of 27 August 2026, within a range of $618K to $967K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TATUM /CRANE/ UNIT is a fraction of it. The estimate fits an Arps decline curve to the production TATUM /CRANE/ UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TATUM /CRANE/ UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does TATUM /CRANE/ UNIT generate in a year?
- TATUM /CRANE/ UNIT is forecast to net about $152K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TATUM /CRANE/ UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amerada Hess Corporation |
|---|---|
| Field | Tatum (Pettit, Lower) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 03881 |
| Wellbores | 9 |
| Reported production | 136,067 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $793K |
Where TATUM /CRANE/ UNIT 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.