HEARN, L. S.
HEARN, L. S. is a Texas oil lease in Wise County, Railroad Commission district 09, operated by Mccurdy Oil Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 8,167 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 $166K, with roughly $24K 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 13 barrels a month, about 7 per wellbore. Its strongest month on the record we hold was December 2023, at 50 barrels. 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 HEARN, L. S.
- Who operates HEARN, L. S.?
- HEARN, L. S. is operated by Mccurdy Oil Co., Railroad Commission of Texas operator number 544345.
- Where is HEARN, L. S.?
- HEARN, L. S. is a Texas oil lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 12212.
- Is HEARN, L. S. still producing?
- HEARN, L. S. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HEARN, L. S. is August 2026.
- How much has HEARN, L. S. produced?
- HEARN, L. S. has reported 8,167 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is HEARN, L. S. worth?
- The remaining production from HEARN, L. S. is estimated to be worth about $166K in total as of 26 August 2026, within a range of $91K to $240K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HEARN, L. S. is a fraction of it. The estimate fits an Arps decline curve to the production HEARN, L. S. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HEARN, L. S. is an estimate of value, not an offer and not an appraisal.
- How much income does HEARN, L. S. generate in a year?
- HEARN, L. S. is forecast to net about $24K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HEARN, L. S. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mccurdy Oil Co. |
|---|---|
| Field | Alvord, South (Atoka 5700) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 12212 |
| Wellbores | 2 |
| Reported production | 8,167 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $166K |
Where HEARN, L. S. 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.