ALLAR 1723
ALLAR 1723 is a Texas oil lease in Young County, Railroad Commission district 09, operated by Hill, R.M. Operating Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 183,105 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 $621K, with roughly $94K 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 60 barrels a month. Its strongest month on the record we hold was February 2017, at 184 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 ALLAR 1723
- Who operates ALLAR 1723?
- ALLAR 1723 is operated by Hill, R.M. Operating Inc., Railroad Commission of Texas operator number 387991.
- Where is ALLAR 1723?
- ALLAR 1723 is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 26494.
- Is ALLAR 1723 still producing?
- ALLAR 1723 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ALLAR 1723 is August 2026.
- How much has ALLAR 1723 produced?
- ALLAR 1723 has reported 183,105 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is ALLAR 1723 worth?
- The remaining production from ALLAR 1723 is estimated to be worth about $621K in total as of 26 August 2026, within a range of $341K to $900K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ALLAR 1723 is a fraction of it. The estimate fits an Arps decline curve to the production ALLAR 1723 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ALLAR 1723 is an estimate of value, not an offer and not an appraisal.
- How much income does ALLAR 1723 generate in a year?
- ALLAR 1723 is forecast to net about $94K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ALLAR 1723 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hill, R.M. Operating Inc. |
|---|---|
| Field | Kendall (Bend Conglomerate) |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 26494 |
| Wellbores | 1 |
| Reported production | 183,105 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $621K |
Where ALLAR 1723 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.