HS STATE 114-24
HS STATE 114-24 is a Texas gas lease in Culberson County, Railroad Commission district 08, operated by BHP Billiton Pet(Txla Op) Co. It has 1 wellbore on file with the Commission. Reported production runs from May 2017 to August 2026, totalling 1,537,274 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 $29K, with roughly $10K 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 4,649 thousand cubic feet a month. Its strongest month on the record we hold was June 2017, at 96,787 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 HS STATE 114-24
- Who operates HS STATE 114-24?
- HS STATE 114-24 is operated by BHP Billiton Pet(Txla Op) Co, Railroad Commission of Texas operator number 068596.
- Where is HS STATE 114-24?
- HS STATE 114-24 is a Texas gas lease in Culberson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 283884.
- Is HS STATE 114-24 still producing?
- HS STATE 114-24 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HS STATE 114-24 is August 2026.
- How much has HS STATE 114-24 produced?
- HS STATE 114-24 has reported 1,537,274 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2017 and August 2026, from 1 wellbore.
- How much is HS STATE 114-24 worth?
- The remaining production from HS STATE 114-24 is estimated to be worth about $29K in total as of 26 August 2026, within a range of $24K to $34K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HS STATE 114-24 is a fraction of it. The estimate fits an Arps decline curve to the production HS STATE 114-24 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HS STATE 114-24 is an estimate of value, not an offer and not an appraisal.
- How much income does HS STATE 114-24 generate in a year?
- HS STATE 114-24 is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HS STATE 114-24 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BHP Billiton Pet(Txla Op) Co |
|---|---|
| Field | Ford, West (Wolfcamp) |
| County | Culberson County, Texas |
| RRC district | 08 |
| Lease number | 283884 |
| Wellbores | 1 |
| Reported production | 1,537,274 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $29K |
Where HS STATE 114-24 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.