HARGIS
HARGIS is a Texas oil lease in Zavala County, Railroad Commission district 01, operated by SN Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from April 2016 to August 2026, totalling 284,379 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 $2.2M, with roughly $554K 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 810 barrels a month, about 405 per wellbore. Its strongest month on the record we hold was May 2016, at 12,874 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 HARGIS
- Who operates HARGIS?
- HARGIS is operated by SN Operating, LLC, Railroad Commission of Texas operator number 797110.
- Where is HARGIS?
- HARGIS is a Texas oil lease in Zavala County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18890.
- Is HARGIS still producing?
- HARGIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARGIS is August 2026.
- How much has HARGIS produced?
- HARGIS has reported 284,379 barrels of oil (bbl) to the Railroad Commission of Texas between April 2016 and August 2026, from 2 wellbores.
- How much is HARGIS worth?
- The remaining production from HARGIS is estimated to be worth about $2.2M in total as of 26 August 2026, within a range of $1.7M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARGIS is a fraction of it. The estimate fits an Arps decline curve to the production HARGIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARGIS is an estimate of value, not an offer and not an appraisal.
- How much income does HARGIS generate in a year?
- HARGIS is forecast to net about $554K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HARGIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SN Operating, LLC |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Zavala County, Texas |
| RRC district | 01 |
| Lease number | 18890 |
| Wellbores | 2 |
| Reported production | 284,379 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where HARGIS 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.