HELBING 23
HELBING 23 is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from December 2003 to August 2026, totalling 492,256 thousand cubic feet. 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 $165K, with roughly $27K 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 1,130 thousand cubic feet a month. Its strongest month on the record we hold was May 2019, at 1,486 thousand cubic feet. 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.
Key facts about HELBING 23
- Who operates HELBING 23?
- HELBING 23 is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is HELBING 23?
- HELBING 23 is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 203417.
- Is HELBING 23 still producing?
- HELBING 23 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HELBING 23 is August 2026.
- How much has HELBING 23 produced?
- HELBING 23 has reported 492,256 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2003 and August 2026, from 1 wellbore.
- How much is HELBING 23 worth?
- The remaining production from HELBING 23 is estimated to be worth about $165K in total as of 27 August 2026, within a range of $137K to $193K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HELBING 23 is a fraction of it. The estimate fits an Arps decline curve to the production HELBING 23 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HELBING 23 is an estimate of value, not an offer and not an appraisal.
- How much income does HELBING 23 generate in a year?
- HELBING 23 is forecast to net about $27K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HELBING 23 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Ozona, Ne. (Canyon Sand) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 203417 |
| Wellbores | 1 |
| Reported production | 492,256 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $165K |
Where HELBING 23 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.