OIL DEVELOPMENT CO. "H"
OIL DEVELOPMENT CO. "H" is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Fina Oil & Chemical Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 56,018 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 $736K, with roughly $167K 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 260 barrels a month. Its strongest month on the record we hold was May 2025, at 279 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 OIL DEVELOPMENT CO. "H"
- Who operates OIL DEVELOPMENT CO. "H"?
- OIL DEVELOPMENT CO. "H" is operated by Fina Oil & Chemical Company, Railroad Commission of Texas operator number 268321.
- Where is OIL DEVELOPMENT CO. "H"?
- OIL DEVELOPMENT CO. "H" is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 60861.
- Is OIL DEVELOPMENT CO. "H" still producing?
- OIL DEVELOPMENT CO. "H" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OIL DEVELOPMENT CO. "H" is August 2026.
- How much has OIL DEVELOPMENT CO. "H" produced?
- OIL DEVELOPMENT CO. "H" has reported 56,018 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is OIL DEVELOPMENT CO. "H" worth?
- The remaining production from OIL DEVELOPMENT CO. "H" is estimated to be worth about $736K in total as of 27 August 2026, within a range of $574K to $898K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OIL DEVELOPMENT CO. "H" is a fraction of it. The estimate fits an Arps decline curve to the production OIL DEVELOPMENT CO. "H" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OIL DEVELOPMENT CO. "H" is an estimate of value, not an offer and not an appraisal.
- How much income does OIL DEVELOPMENT CO. "H" generate in a year?
- OIL DEVELOPMENT CO. "H" is forecast to net about $167K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OIL DEVELOPMENT CO. "H" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fina Oil & Chemical Company |
|---|---|
| Field | Seagraves (San Andres) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 60861 |
| Wellbores | 1 |
| Reported production | 56,018 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $736K |
Where OIL DEVELOPMENT CO. "H" 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.