HARGROVE -C-
HARGROVE -C- is a Texas oil lease in Zavala County, Railroad Commission district 01, operated by Buffco Production Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2014 to August 2026, totalling 219,393 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 $1.7M, with roughly $390K 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 597 barrels a month. Its strongest month on the record we hold was May 2016, at 2,350 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 HARGROVE -C-
- Who operates HARGROVE -C-?
- HARGROVE -C- is operated by Buffco Production Inc., Railroad Commission of Texas operator number 106406.
- Where is HARGROVE -C-?
- HARGROVE -C- is a Texas oil lease in Zavala County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 17650.
- Is HARGROVE -C- still producing?
- HARGROVE -C- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARGROVE -C- is August 2026.
- How much has HARGROVE -C- produced?
- HARGROVE -C- has reported 219,393 barrels of oil (bbl) to the Railroad Commission of Texas between May 2014 and August 2026, from 1 wellbore.
- How much is HARGROVE -C- worth?
- The remaining production from HARGROVE -C- is estimated to be worth about $1.7M in total as of 27 August 2026, within a range of $1.3M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARGROVE -C- is a fraction of it. The estimate fits an Arps decline curve to the production HARGROVE -C- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARGROVE -C- is an estimate of value, not an offer and not an appraisal.
- How much income does HARGROVE -C- generate in a year?
- HARGROVE -C- is forecast to net about $390K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HARGROVE -C- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Buffco Production Inc. |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Zavala County, Texas |
| RRC district | 01 |
| Lease number | 17650 |
| Wellbores | 1 |
| Reported production | 219,393 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where HARGROVE -C- 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.