HOFFMAN 116
HOFFMAN 116 is a Texas gas lease in Duval County, Railroad Commission district 04, operated by Pogo Producing Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2005 to August 2026, totalling 2,350,301 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 $48K, 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 715 thousand cubic feet a month. Its strongest month on the record we hold was March 2018, at 14,111 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 HOFFMAN 116
- Who operates HOFFMAN 116?
- HOFFMAN 116 is operated by Pogo Producing Company, Railroad Commission of Texas operator number 668900.
- Where is HOFFMAN 116?
- HOFFMAN 116 is a Texas gas lease in Duval County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 212342.
- Is HOFFMAN 116 still producing?
- HOFFMAN 116 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOFFMAN 116 is August 2026.
- How much has HOFFMAN 116 produced?
- HOFFMAN 116 has reported 2,350,301 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2005 and August 2026, from 1 wellbore.
- How much is HOFFMAN 116 worth?
- The remaining production from HOFFMAN 116 is estimated to be worth about $48K in total as of 26 August 2026, within a range of $37K to $58K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOFFMAN 116 is a fraction of it. The estimate fits an Arps decline curve to the production HOFFMAN 116 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOFFMAN 116 is an estimate of value, not an offer and not an appraisal.
- How much income does HOFFMAN 116 generate in a year?
- HOFFMAN 116 is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HOFFMAN 116 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pogo Producing Company |
|---|---|
| Field | Hoffman (Wilcox) |
| County | Duval County, Texas |
| RRC district | 04 |
| Lease number | 212342 |
| Wellbores | 1 |
| Reported production | 2,350,301 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $48K |
Where HOFFMAN 116 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.