HEMPHILL
HEMPHILL is a Texas oil lease in Smith County, Railroad Commission district 06, operated by Valence Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from October 2021 to August 2026, totalling 321,657 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $70K, with roughly $40K expected over the next twelve months.
| Operator | Valence Operating Company |
|---|---|
| Field | Girlie Caldwell (Goodland Lm) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 15840 |
| Wellbores | 1 |
| Reported production | 321,657 bbl |
| First reported | October 2021 |
| Last reported | August 2026 |
| Estimated royalty value | $70K |
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.