HILL
HILL is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Dune Oil And Gas, Inc. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 40,413 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 $555K, with roughly $107K 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 140 barrels a month, about 28 per wellbore. Its strongest month on the record we hold was November 2023, at 295 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 HILL
- Who operates HILL?
- HILL is operated by Dune Oil And Gas, Inc., Railroad Commission of Texas operator number 232882.
- Where is HILL?
- HILL is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 07345.
- Is HILL still producing?
- HILL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HILL is August 2026.
- How much has HILL produced?
- HILL has reported 40,413 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is HILL worth?
- The remaining production from HILL is estimated to be worth about $555K in total as of 26 August 2026, within a range of $433K to $677K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HILL is a fraction of it. The estimate fits an Arps decline curve to the production HILL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HILL is an estimate of value, not an offer and not an appraisal.
- How much income does HILL generate in a year?
- HILL is forecast to net about $107K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HILL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Dune Oil And Gas, Inc. |
|---|---|
| Field | Ward-Estes, North |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 07345 |
| Wellbores | 5 |
| Reported production | 40,413 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $555K |
Where HILL 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.