HEFLEY 24 A
HEFLEY 24 A is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Big Star Oil & Gas, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2013 to August 2026, totalling 56,410 barrels. 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 $66K, with roughly $12K 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 28 barrels a month. Its strongest month on the record we hold was June 2017, at 202 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 24 A
- Who operates HEFLEY 24 A?
- HEFLEY 24 A is operated by Big Star Oil & Gas, LLC, Railroad Commission of Texas operator number 070445.
- Where is HEFLEY 24 A?
- HEFLEY 24 A is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44548.
- Is HEFLEY 24 A still producing?
- HEFLEY 24 A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HEFLEY 24 A is August 2026.
- How much has HEFLEY 24 A produced?
- HEFLEY 24 A has reported 56,410 barrels of oil (bbl) to the Railroad Commission of Texas between February 2013 and August 2026, from 1 wellbore.
- How much is HEFLEY 24 A worth?
- The remaining production from HEFLEY 24 A is estimated to be worth about $66K in total as of 26 August 2026, within a range of $36K to $96K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HEFLEY 24 A is a fraction of it. The estimate fits an Arps decline curve to the production HEFLEY 24 A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HEFLEY 24 A is an estimate of value, not an offer and not an appraisal.
- How much income does HEFLEY 24 A generate in a year?
- HEFLEY 24 A is forecast to net about $12K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HEFLEY 24 A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Big Star Oil & Gas, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 44548 |
| Wellbores | 1 |
| Reported production | 56,410 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $66K |
Where HEFLEY 24 A 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.