HEFLEY-FILLINGIM 39-40 MD WX

HEFLEY-FILLINGIM 39-40 MD WX is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Blackbeard Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2020 to August 2026, totalling 4,225,109 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 $3.2M, with roughly $695K 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 23,720 thousand cubic feet a month. Its strongest month on the record we hold was November 2020, at 215,453 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 HEFLEY-FILLINGIM 39-40 MD WX

Who operates HEFLEY-FILLINGIM 39-40 MD WX?
HEFLEY-FILLINGIM 39-40 MD WX is operated by Blackbeard Operating, LLC, Railroad Commission of Texas operator number 073056.
Where is HEFLEY-FILLINGIM 39-40 MD WX?
HEFLEY-FILLINGIM 39-40 MD WX is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 290993.
Is HEFLEY-FILLINGIM 39-40 MD WX still producing?
HEFLEY-FILLINGIM 39-40 MD WX is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HEFLEY-FILLINGIM 39-40 MD WX is August 2026.
How much has HEFLEY-FILLINGIM 39-40 MD WX produced?
HEFLEY-FILLINGIM 39-40 MD WX has reported 4,225,109 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2020 and August 2026, from 1 wellbore.
How much is HEFLEY-FILLINGIM 39-40 MD WX worth?
The remaining production from HEFLEY-FILLINGIM 39-40 MD WX is estimated to be worth about $3.2M in total as of 27 August 2026, within a range of $2.7M to $3.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HEFLEY-FILLINGIM 39-40 MD WX is a fraction of it. The estimate fits an Arps decline curve to the production HEFLEY-FILLINGIM 39-40 MD WX has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HEFLEY-FILLINGIM 39-40 MD WX is an estimate of value, not an offer and not an appraisal.
How much income does HEFLEY-FILLINGIM 39-40 MD WX generate in a year?
HEFLEY-FILLINGIM 39-40 MD WX is forecast to net about $695K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HEFLEY-FILLINGIM 39-40 MD WX receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HEFLEY-FILLINGIM 39-40 MD WX as filed with the Railroad Commission of Texas
OperatorBlackbeard Operating, LLC
FieldBuffalo Wallow (Granite Wash)
CountyHemphill County, Texas
RRC district10
Lease number290993
Wellbores1
Reported production4,225,109 mcf
First reported
Last reported
Estimated royalty value$3.2M

Where HEFLEY-FILLINGIM 39-40 MD WX 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.