HUFFMAN "B"

HUFFMAN "B" is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Valence Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2003 to August 2026, totalling 1,462,699 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 $58K, with roughly $9K 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 695 thousand cubic feet a month. Its strongest month on the record we hold was May 2017, at 7,987 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 HUFFMAN "B"

Who operates HUFFMAN "B"?
HUFFMAN "B" is operated by Valence Operating Company, Railroad Commission of Texas operator number 881167.
Where is HUFFMAN "B"?
HUFFMAN "B" is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 197373.
Is HUFFMAN "B" still producing?
HUFFMAN "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HUFFMAN "B" is August 2026.
How much has HUFFMAN "B" produced?
HUFFMAN "B" has reported 1,462,699 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2003 and August 2026, from 1 wellbore.
How much is HUFFMAN "B" worth?
The remaining production from HUFFMAN "B" is estimated to be worth about $58K in total as of 26 August 2026, within a range of $45K to $71K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HUFFMAN "B" is a fraction of it. The estimate fits an Arps decline curve to the production HUFFMAN "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HUFFMAN "B" is an estimate of value, not an offer and not an appraisal.
How much income does HUFFMAN "B" generate in a year?
HUFFMAN "B" is forecast to net about $9K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HUFFMAN "B" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HUFFMAN "B" as filed with the Railroad Commission of Texas
OperatorValence Operating Company
FieldFreestone (Cotton Valley)
CountyFreestone County, Texas
RRC district05
Lease number197373
Wellbores1
Reported production1,462,699 mcf
First reported
Last reported
Estimated royalty value$58K

Where HUFFMAN "B" 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.