HUMPHREYS, L. P.
HUMPHREYS, L. P. is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from April 2007 to August 2026, totalling 286,477 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 $45K, with roughly $11K 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 450 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 3,806 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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, L. P.
- Who operates HUMPHREYS, L. P.?
- HUMPHREYS, L. P. is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is HUMPHREYS, L. P.?
- HUMPHREYS, L. P. is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 227988.
- Is HUMPHREYS, L. P. still producing?
- HUMPHREYS, L. P. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HUMPHREYS, L. P. is August 2026.
- How much has HUMPHREYS, L. P. produced?
- HUMPHREYS, L. P. has reported 286,477 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2007 and August 2026, from 1 wellbore.
- How much is HUMPHREYS, L. P. worth?
- The remaining production from HUMPHREYS, L. P. is estimated to be worth about $45K in total as of 27 August 2026, within a range of $35K to $55K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HUMPHREYS, L. P. is a fraction of it. The estimate fits an Arps decline curve to the production HUMPHREYS, L. P. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HUMPHREYS, L. P. is an estimate of value, not an offer and not an appraisal.
- How much income does HUMPHREYS, L. P. generate in a year?
- HUMPHREYS, L. P. is forecast to net about $11K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HUMPHREYS, L. P. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Canadian, Se (Douglas) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 227988 |
| Wellbores | 1 |
| Reported production | 286,477 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $45K |
Where HUMPHREYS, L. P. 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.