HAZELTON, IOLA
HAZELTON, IOLA is a Texas gas lease in Young County, Railroad Commission district 09, operated by Bentley Oil And Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 294,622 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 $91K, with roughly $14K 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 589 thousand cubic feet a month. Its strongest month on the record we hold was July 2018, at 706 thousand cubic feet. 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 HAZELTON, IOLA
- Who operates HAZELTON, IOLA?
- HAZELTON, IOLA is operated by Bentley Oil And Gas Company, Railroad Commission of Texas operator number 066008.
- Where is HAZELTON, IOLA?
- HAZELTON, IOLA is a Texas gas lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 033249.
- Is HAZELTON, IOLA still producing?
- HAZELTON, IOLA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HAZELTON, IOLA is August 2026.
- How much has HAZELTON, IOLA produced?
- HAZELTON, IOLA has reported 294,622 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HAZELTON, IOLA worth?
- The remaining production from HAZELTON, IOLA is estimated to be worth about $91K in total as of 26 August 2026, within a range of $71K to $111K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAZELTON, IOLA is a fraction of it. The estimate fits an Arps decline curve to the production HAZELTON, IOLA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAZELTON, IOLA is an estimate of value, not an offer and not an appraisal.
- How much income does HAZELTON, IOLA generate in a year?
- HAZELTON, IOLA is forecast to net about $14K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HAZELTON, IOLA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bentley Oil And Gas Company |
|---|---|
| Field | Graham, South (Caddo) |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 033249 |
| Wellbores | 1 |
| Reported production | 294,622 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $91K |
Where HAZELTON, IOLA 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.