LANDON
LANDON is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Hamm, Richard. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 42,119 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 $660K, with roughly $127K 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 165 barrels a month, about 27 per wellbore. Its strongest month on the record we hold was March 2023, at 626 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 LANDON
- Who operates LANDON?
- LANDON is operated by Hamm, Richard, Railroad Commission of Texas operator number 350000.
- Where is LANDON?
- LANDON is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 07256.
- Is LANDON still producing?
- LANDON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LANDON is August 2026.
- How much has LANDON produced?
- LANDON has reported 42,119 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is LANDON worth?
- The remaining production from LANDON is estimated to be worth about $660K in total as of 26 August 2026, within a range of $515K to $806K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LANDON is a fraction of it. The estimate fits an Arps decline curve to the production LANDON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LANDON is an estimate of value, not an offer and not an appraisal.
- How much income does LANDON generate in a year?
- LANDON is forecast to net about $127K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LANDON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hamm, Richard |
|---|---|
| Field | Ward, South |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 07256 |
| Wellbores | 6 |
| Reported production | 42,119 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $660K |
Where LANDON 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.