HEITZ 303
HEITZ 303 is a Texas oil lease in Zavala County, Railroad Commission district 01, operated by Hughes, Dan A. Company, L.P. It has 1 wellbore on file with the Commission. Reported production runs from March 2012 to August 2026, totalling 275,876 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 $1.8M, with roughly $365K 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 413 barrels a month. Its strongest month on the record we hold was May 2016, at 1,221 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 HEITZ 303
- Who operates HEITZ 303?
- HEITZ 303 is operated by Hughes, Dan A. Company, L.P., Railroad Commission of Texas operator number 411736.
- Where is HEITZ 303?
- HEITZ 303 is a Texas oil lease in Zavala County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16293.
- Is HEITZ 303 still producing?
- HEITZ 303 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HEITZ 303 is August 2026.
- How much has HEITZ 303 produced?
- HEITZ 303 has reported 275,876 barrels of oil (bbl) to the Railroad Commission of Texas between March 2012 and August 2026, from 1 wellbore.
- How much is HEITZ 303 worth?
- The remaining production from HEITZ 303 is estimated to be worth about $1.8M in total as of 26 August 2026, within a range of $1.4M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HEITZ 303 is a fraction of it. The estimate fits an Arps decline curve to the production HEITZ 303 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HEITZ 303 is an estimate of value, not an offer and not an appraisal.
- How much income does HEITZ 303 generate in a year?
- HEITZ 303 is forecast to net about $365K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HEITZ 303 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hughes, Dan A. Company, L.P. |
|---|---|
| Field | Pearsall (Buda, S.) |
| County | Zavala County, Texas |
| RRC district | 01 |
| Lease number | 16293 |
| Wellbores | 1 |
| Reported production | 275,876 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where HEITZ 303 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.