HOMANN SAN ANDRES UNIT

HOMANN SAN ANDRES UNIT is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Henry Petroleum Corp. It has 41 wellbores on file with the Commission. Reported production runs from September 2000 to August 2026, totalling 1,986,628 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 $102K, with roughly $24K expected over the next twelve months. Over the last twelve months on file it averaged 1,408 barrels a month, about 34 per wellbore. Its strongest month on the record we hold was May 2016, at 3,739 barrels. 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.

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.