HEMDALE STATE A

HEMDALE STATE A is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from August 2022 to August 2026, totalling 1,297,313 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 $8.4M, with roughly $1.7M 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 18,768 thousand cubic feet a month. Its strongest month on the record we hold was September 2022, at 142,410 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 HEMDALE STATE A

Who operates HEMDALE STATE A?
HEMDALE STATE A is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
Where is HEMDALE STATE A?
HEMDALE STATE A is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 295656.
Is HEMDALE STATE A still producing?
HEMDALE STATE A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HEMDALE STATE A is August 2026.
How much has HEMDALE STATE A produced?
HEMDALE STATE A has reported 1,297,313 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2022 and August 2026, from 1 wellbore.
How much is HEMDALE STATE A worth?
The remaining production from HEMDALE STATE A is estimated to be worth about $8.4M in total as of 26 August 2026, within a range of $6.9M to $9.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HEMDALE STATE A is a fraction of it. The estimate fits an Arps decline curve to the production HEMDALE STATE A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HEMDALE STATE A is an estimate of value, not an offer and not an appraisal.
How much income does HEMDALE STATE A generate in a year?
HEMDALE STATE A is forecast to net about $1.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HEMDALE STATE A receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HEMDALE STATE A as filed with the Railroad Commission of Texas
OperatorApache Corporation
FieldPhantom (Wolfcamp)
CountyReeves County, Texas
RRC district08
Lease number295656
Wellbores1
Reported production1,297,313 mcf
First reported
Last reported
Estimated royalty value$8.4M

Where HEMDALE STATE A 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.