HS STATE 113-21X111-4
HS STATE 113-21X111-4 is a Texas gas lease in Culberson County, Railroad Commission district 08, operated by BPX Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from September 2021 to August 2026, totalling 4,290,355 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 $18.2M, with roughly $3.5M 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 54,585 thousand cubic feet a month. Its strongest month on the record we hold was October 2021, at 233,485 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 HS STATE 113-21X111-4
- Who operates HS STATE 113-21X111-4?
- HS STATE 113-21X111-4 is operated by BPX Operating Company, Railroad Commission of Texas operator number 085408.
- Where is HS STATE 113-21X111-4?
- HS STATE 113-21X111-4 is a Texas gas lease in Culberson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 292120.
- Is HS STATE 113-21X111-4 still producing?
- HS STATE 113-21X111-4 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HS STATE 113-21X111-4 is August 2026.
- How much has HS STATE 113-21X111-4 produced?
- HS STATE 113-21X111-4 has reported 4,290,355 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2021 and August 2026, from 1 wellbore.
- How much is HS STATE 113-21X111-4 worth?
- The remaining production from HS STATE 113-21X111-4 is estimated to be worth about $18.2M in total as of 27 August 2026, within a range of $14.9M to $21.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HS STATE 113-21X111-4 is a fraction of it. The estimate fits an Arps decline curve to the production HS STATE 113-21X111-4 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HS STATE 113-21X111-4 is an estimate of value, not an offer and not an appraisal.
- How much income does HS STATE 113-21X111-4 generate in a year?
- HS STATE 113-21X111-4 is forecast to net about $3.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HS STATE 113-21X111-4 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BPX Operating Company |
|---|---|
| Field | Ford, West (Wolfcamp) |
| County | Culberson County, Texas |
| RRC district | 08 |
| Lease number | 292120 |
| Wellbores | 1 |
| Reported production | 4,290,355 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $18.2M |
Where HS STATE 113-21X111-4 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.