HENDERSON 4
HENDERSON 4 is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by American Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 230,189 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 $71K, with roughly $12K 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 398 thousand cubic feet a month. Its strongest month on the record we hold was July 2018, at 900 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 HENDERSON 4
- Who operates HENDERSON 4?
- HENDERSON 4 is operated by American Exploration Company, Railroad Commission of Texas operator number 018023.
- Where is HENDERSON 4?
- HENDERSON 4 is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 139334.
- Is HENDERSON 4 still producing?
- HENDERSON 4 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HENDERSON 4 is August 2026.
- How much has HENDERSON 4 produced?
- HENDERSON 4 has reported 230,189 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HENDERSON 4 worth?
- The remaining production from HENDERSON 4 is estimated to be worth about $71K in total as of 27 August 2026, within a range of $55K to $86K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HENDERSON 4 is a fraction of it. The estimate fits an Arps decline curve to the production HENDERSON 4 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HENDERSON 4 is an estimate of value, not an offer and not an appraisal.
- How much income does HENDERSON 4 generate in a year?
- HENDERSON 4 is forecast to net about $12K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HENDERSON 4 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | American Exploration Company |
|---|---|
| Field | Angus (Canyon) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 139334 |
| Wellbores | 1 |
| Reported production | 230,189 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $71K |
Where HENDERSON 4 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.