HASEL28
HASEL28 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Henry Petroleum LP. It has 2 wellbores on file with the Commission. Reported production runs from July 2005 to August 2026, totalling 127,317 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 $412K, with roughly $79K 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 100 barrels a month, about 50 per wellbore. Its strongest month on the record we hold was July 2018, at 1,115 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 HASEL28
- Who operates HASEL28?
- HASEL28 is operated by Henry Petroleum LP, Railroad Commission of Texas operator number 378642.
- Where is HASEL28?
- HASEL28 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 15788.
- Is HASEL28 still producing?
- HASEL28 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HASEL28 is August 2026.
- How much has HASEL28 produced?
- HASEL28 has reported 127,317 barrels of oil (bbl) to the Railroad Commission of Texas between July 2005 and August 2026, from 2 wellbores.
- How much is HASEL28 worth?
- The remaining production from HASEL28 is estimated to be worth about $412K in total as of 26 August 2026, within a range of $321K to $503K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HASEL28 is a fraction of it. The estimate fits an Arps decline curve to the production HASEL28 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HASEL28 is an estimate of value, not an offer and not an appraisal.
- How much income does HASEL28 generate in a year?
- HASEL28 is forecast to net about $79K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HASEL28 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Henry Petroleum LP |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 15788 |
| Wellbores | 2 |
| Reported production | 127,317 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $412K |
Where HASEL28 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.