H & J SEC. 385
H & J SEC. 385 is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Fasken, Barbara. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 87,649 barrels. 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 $257K, with roughly $48K 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 58 barrels a month, about 29 per wellbore. Its strongest month on the record we hold was July 2016, at 270 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 H & J SEC. 385
- Who operates H & J SEC. 385?
- H & J SEC. 385 is operated by Fasken, Barbara, Railroad Commission of Texas operator number 263695.
- Where is H & J SEC. 385?
- H & J SEC. 385 is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 62551.
- Is H & J SEC. 385 still producing?
- H & J SEC. 385 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for H & J SEC. 385 is August 2026.
- How much has H & J SEC. 385 produced?
- H & J SEC. 385 has reported 87,649 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is H & J SEC. 385 worth?
- The remaining production from H & J SEC. 385 is estimated to be worth about $257K in total as of 27 August 2026, within a range of $142K to $373K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in H & J SEC. 385 is a fraction of it. The estimate fits an Arps decline curve to the production H & J SEC. 385 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for H & J SEC. 385 is an estimate of value, not an offer and not an appraisal.
- How much income does H & J SEC. 385 generate in a year?
- H & J SEC. 385 is forecast to net about $48K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in H & J SEC. 385 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fasken, Barbara |
|---|---|
| Field | Havemeyer (San Andres) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 62551 |
| Wellbores | 2 |
| Reported production | 87,649 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $257K |
Where H & J SEC. 385 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.