HENDERSON, M. F.
HENDERSON, M. F. is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Pennzoil Petroleum Company. It has 10 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 700,021 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 $981K, with roughly $281K 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 451 barrels a month, about 45 per wellbore. Its strongest month on the record we hold was January 2017, at 1,306 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 HENDERSON, M. F.
- Who operates HENDERSON, M. F.?
- HENDERSON, M. F. is operated by Pennzoil Petroleum Company, Railroad Commission of Texas operator number 652365.
- Where is HENDERSON, M. F.?
- HENDERSON, M. F. is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 07059.
- Is HENDERSON, M. F. still producing?
- HENDERSON, M. F. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HENDERSON, M. F. is August 2026.
- How much has HENDERSON, M. F. produced?
- HENDERSON, M. F. has reported 700,021 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 10 wellbores.
- How much is HENDERSON, M. F. worth?
- The remaining production from HENDERSON, M. F. is estimated to be worth about $981K in total as of 26 August 2026, within a range of $765K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HENDERSON, M. F. is a fraction of it. The estimate fits an Arps decline curve to the production HENDERSON, M. F. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HENDERSON, M. F. is an estimate of value, not an offer and not an appraisal.
- How much income does HENDERSON, M. F. generate in a year?
- HENDERSON, M. F. is forecast to net about $281K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HENDERSON, M. F. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pennzoil Petroleum Company |
|---|---|
| Field | University Waddell (Devonian) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 07059 |
| Wellbores | 10 |
| Reported production | 700,021 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $981K |
Where HENDERSON, M. F. 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.