HILL 34-171 UNIT
HILL 34-171 UNIT is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 3 wellbores on file with the Commission. Reported production runs from November 2016 to August 2026, totalling 519,801 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 $170K, with roughly $140K 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 1,267 barrels a month, about 422 per wellbore. Its strongest month on the record we hold was December 2017, at 11,243 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 34-171 UNIT
- Who operates HILL 34-171 UNIT?
- HILL 34-171 UNIT is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
- Where is HILL 34-171 UNIT?
- HILL 34-171 UNIT is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48801.
- Is HILL 34-171 UNIT still producing?
- HILL 34-171 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HILL 34-171 UNIT is August 2026.
- How much has HILL 34-171 UNIT produced?
- HILL 34-171 UNIT has reported 519,801 barrels of oil (bbl) to the Railroad Commission of Texas between November 2016 and August 2026, from 3 wellbores.
- How much is HILL 34-171 UNIT worth?
- The remaining production from HILL 34-171 UNIT is estimated to be worth about $170K in total as of 26 August 2026, within a range of $141K to $199K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HILL 34-171 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HILL 34-171 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HILL 34-171 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HILL 34-171 UNIT generate in a year?
- HILL 34-171 UNIT is forecast to net about $140K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HILL 34-171 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Onshore LLC |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 48801 |
| Wellbores | 3 |
| Reported production | 519,801 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $170K |
Where HILL 34-171 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.