HOFFMAN, HERMAN
HOFFMAN, HERMAN is a Texas oil lease in Bexar County, Railroad Commission district 01, operated by Devon Energy Corporation(Nevada). It has 13 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 51,321 barrels. The lease is intermittent. 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 $52K, with roughly $10K 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 13 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was April 2017, at 92 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 HOFFMAN, HERMAN
- Who operates HOFFMAN, HERMAN?
- HOFFMAN, HERMAN is operated by Devon Energy Corporation(Nevada), Railroad Commission of Texas operator number 216735.
- Where is HOFFMAN, HERMAN?
- HOFFMAN, HERMAN is a Texas oil lease in Bexar County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 03197.
- Is HOFFMAN, HERMAN still producing?
- HOFFMAN, HERMAN is intermittent. The most recent month of production reported to the Railroad Commission of Texas for HOFFMAN, HERMAN is August 2026.
- How much has HOFFMAN, HERMAN produced?
- HOFFMAN, HERMAN has reported 51,321 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 13 wellbores.
- How much is HOFFMAN, HERMAN worth?
- The remaining production from HOFFMAN, HERMAN is estimated to be worth about $52K in total as of 26 August 2026, within a range of $29K to $76K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOFFMAN, HERMAN is a fraction of it. The estimate fits an Arps decline curve to the production HOFFMAN, HERMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOFFMAN, HERMAN is an estimate of value, not an offer and not an appraisal.
- How much income does HOFFMAN, HERMAN generate in a year?
- HOFFMAN, HERMAN is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HOFFMAN, HERMAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Corporation(Nevada) |
|---|---|
| Field | Somerset |
| County | Bexar County, Texas |
| RRC district | 01 |
| Lease number | 03197 |
| Wellbores | 13 |
| Reported production | 51,321 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $52K |
Where HOFFMAN, HERMAN 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.