HUMPHREYS 37
HUMPHREYS 37 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Le Norman Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2015 to August 2026, totalling 473,355 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 $515K, with roughly $98K 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 1,705 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 6,858 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 HUMPHREYS 37
- Who operates HUMPHREYS 37?
- HUMPHREYS 37 is operated by Le Norman Operating LLC, Railroad Commission of Texas operator number 491579.
- Where is HUMPHREYS 37?
- HUMPHREYS 37 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 278085.
- Is HUMPHREYS 37 still producing?
- HUMPHREYS 37 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HUMPHREYS 37 is August 2026.
- How much has HUMPHREYS 37 produced?
- HUMPHREYS 37 has reported 473,355 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2015 and August 2026, from 1 wellbore.
- How much is HUMPHREYS 37 worth?
- The remaining production from HUMPHREYS 37 is estimated to be worth about $515K in total as of 26 August 2026, within a range of $428K to $603K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HUMPHREYS 37 is a fraction of it. The estimate fits an Arps decline curve to the production HUMPHREYS 37 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HUMPHREYS 37 is an estimate of value, not an offer and not an appraisal.
- How much income does HUMPHREYS 37 generate in a year?
- HUMPHREYS 37 is forecast to net about $98K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HUMPHREYS 37 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Le Norman Operating LLC |
|---|---|
| Field | Lipscomb, S.E. (Cleveland) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 278085 |
| Wellbores | 1 |
| Reported production | 473,355 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $515K |
Where HUMPHREYS 37 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.