HENRY
HENRY is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Sage Energy Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 120,028 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 $61K, with roughly $11K 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 16 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was August 2018, at 849 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 HENRY
- Who operates HENRY?
- HENRY is operated by Sage Energy Company, Railroad Commission of Texas operator number 743215.
- Where is HENRY?
- HENRY is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 18720.
- Is HENRY still producing?
- HENRY is intermittent. The most recent month of production reported to the Railroad Commission of Texas for HENRY is August 2026.
- How much has HENRY produced?
- HENRY has reported 120,028 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is HENRY worth?
- The remaining production from HENRY is estimated to be worth about $61K in total as of 27 August 2026, within a range of $34K to $89K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HENRY is a fraction of it. The estimate fits an Arps decline curve to the production HENRY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HENRY is an estimate of value, not an offer and not an appraisal.
- How much income does HENRY generate in a year?
- HENRY is forecast to net about $11K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HENRY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sage Energy Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 18720 |
| Wellbores | 2 |
| Reported production | 120,028 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $61K |
Where HENRY 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.