HIRSH ESTATE 538
HIRSH ESTATE 538 is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Enron Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 170,904 thousand cubic feet. 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 $4K, with roughly $449 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 17 thousand cubic feet a month. Its strongest month on the record we hold was June 2017, at 243 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 HIRSH ESTATE 538
- Who operates HIRSH ESTATE 538?
- HIRSH ESTATE 538 is operated by Enron Oil & Gas Company, Railroad Commission of Texas operator number 253196.
- Where is HIRSH ESTATE 538?
- HIRSH ESTATE 538 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 138354.
- Is HIRSH ESTATE 538 still producing?
- HIRSH ESTATE 538 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HIRSH ESTATE 538 is August 2026.
- How much has HIRSH ESTATE 538 produced?
- HIRSH ESTATE 538 has reported 170,904 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HIRSH ESTATE 538 worth?
- The remaining production from HIRSH ESTATE 538 is estimated to be worth about $4K in total as of 27 August 2026, within a range of $2K to $5K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HIRSH ESTATE 538 is a fraction of it. The estimate fits an Arps decline curve to the production HIRSH ESTATE 538 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HIRSH ESTATE 538 is an estimate of value, not an offer and not an appraisal.
- How much income does HIRSH ESTATE 538 generate in a year?
- HIRSH ESTATE 538 is forecast to net about $449 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HIRSH ESTATE 538 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enron Oil & Gas Company |
|---|---|
| Field | Big Cowboy (Lobo) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 138354 |
| Wellbores | 1 |
| Reported production | 170,904 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where HIRSH ESTATE 538 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.