HUMPHREYS
HUMPHREYS is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Philcon Development Co. It has 1 wellbore on file with the Commission. Reported production runs from February 2007 to August 2026, totalling 1,105,942 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 $430K, with roughly $79K 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 4,042 thousand cubic feet a month. Its strongest month on the record we hold was February 2017, at 10,022 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
- Who operates HUMPHREYS?
- HUMPHREYS is operated by Philcon Development Co., Railroad Commission of Texas operator number 661600.
- Where is HUMPHREYS?
- HUMPHREYS is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 227050.
- Is HUMPHREYS still producing?
- HUMPHREYS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HUMPHREYS is August 2026.
- How much has HUMPHREYS produced?
- HUMPHREYS has reported 1,105,942 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2007 and August 2026, from 1 wellbore.
- How much is HUMPHREYS worth?
- The remaining production from HUMPHREYS is estimated to be worth about $430K in total as of 26 August 2026, within a range of $357K to $503K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HUMPHREYS is a fraction of it. The estimate fits an Arps decline curve to the production HUMPHREYS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HUMPHREYS is an estimate of value, not an offer and not an appraisal.
- How much income does HUMPHREYS generate in a year?
- HUMPHREYS is forecast to net about $79K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HUMPHREYS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Philcon Development Co. |
|---|---|
| Field | Bussard South (Morrow Upper) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 227050 |
| Wellbores | 1 |
| Reported production | 1,105,942 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $430K |
Where HUMPHREYS 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.