HITH
HITH is a Texas gas lease in Hansford County, Railroad Commission district 10, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 660,141 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 $187K, with roughly $28K 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 1,294 thousand cubic feet a month. Its strongest month on the record we hold was July 2019, at 1,635 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 HITH
- Who operates HITH?
- HITH is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is HITH?
- HITH is a Texas gas lease in Hansford County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 027604.
- Is HITH still producing?
- HITH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HITH is August 2026.
- How much has HITH produced?
- HITH has reported 660,141 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HITH worth?
- The remaining production from HITH is estimated to be worth about $187K in total as of 27 August 2026, within a range of $155K to $219K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HITH is a fraction of it. The estimate fits an Arps decline curve to the production HITH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HITH is an estimate of value, not an offer and not an appraisal.
- How much income does HITH generate in a year?
- HITH is forecast to net about $28K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HITH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Texas Hugoton |
| County | Hansford County, Texas |
| RRC district | 10 |
| Lease number | 027604 |
| Wellbores | 1 |
| Reported production | 660,141 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $187K |
Where HITH 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.