HENDERSON 38-8
HENDERSON 38-8 is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Thompson, J. Cleo. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 331,511 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 $20K, with roughly $6K 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 321 thousand cubic feet a month. Its strongest month on the record we hold was May 2017, at 1,640 thousand cubic feet. 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 HENDERSON 38-8
- Who operates HENDERSON 38-8?
- HENDERSON 38-8 is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is HENDERSON 38-8?
- HENDERSON 38-8 is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 114820.
- Is HENDERSON 38-8 still producing?
- HENDERSON 38-8 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HENDERSON 38-8 is August 2026.
- How much has HENDERSON 38-8 produced?
- HENDERSON 38-8 has reported 331,511 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HENDERSON 38-8 worth?
- The remaining production from HENDERSON 38-8 is estimated to be worth about $20K in total as of 27 August 2026, within a range of $16K to $25K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HENDERSON 38-8 is a fraction of it. The estimate fits an Arps decline curve to the production HENDERSON 38-8 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HENDERSON 38-8 is an estimate of value, not an offer and not an appraisal.
- How much income does HENDERSON 38-8 generate in a year?
- HENDERSON 38-8 is forecast to net about $6K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HENDERSON 38-8 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | University 31 (Strawn-Detrital) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 114820 |
| Wellbores | 1 |
| Reported production | 331,511 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $20K |
Where HENDERSON 38-8 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.