HENSON UNIT
HENSON UNIT is a Texas gas lease in Hood County, Railroad Commission district 09, operated by Legend Natural Gas IV, LP. It has 1 wellbore on file with the Commission. Reported production runs from March 2013 to August 2026, totalling 407,911 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 $554K, with roughly $84K 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 3,436 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 5,317 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 HENSON UNIT
- Who operates HENSON UNIT?
- HENSON UNIT is operated by Legend Natural Gas IV, LP, Railroad Commission of Texas operator number 495557.
- Where is HENSON UNIT?
- HENSON UNIT is a Texas gas lease in Hood County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 266885.
- Is HENSON UNIT still producing?
- HENSON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HENSON UNIT is August 2026.
- How much has HENSON UNIT produced?
- HENSON UNIT has reported 407,911 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2013 and August 2026, from 1 wellbore.
- How much is HENSON UNIT worth?
- The remaining production from HENSON UNIT is estimated to be worth about $554K in total as of 27 August 2026, within a range of $460K to $648K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HENSON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HENSON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HENSON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HENSON UNIT generate in a year?
- HENSON UNIT is forecast to net about $84K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HENSON UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Legend Natural Gas IV, LP |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Hood County, Texas |
| RRC district | 09 |
| Lease number | 266885 |
| Wellbores | 1 |
| Reported production | 407,911 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $554K |
Where HENSON UNIT 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.