HOMAN -29-
HOMAN -29- is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Energen Resources Corporation. It has 5 wellbores on file with the Commission. Reported production runs from February 2012 to August 2026, totalling 138,457 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 $885K, with roughly $164K 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 230 barrels a month, about 46 per wellbore. Its strongest month on the record we hold was October 2016, at 1,385 barrels. 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 HOMAN -29-
- Who operates HOMAN -29-?
- HOMAN -29- is operated by Energen Resources Corporation, Railroad Commission of Texas operator number 252002.
- Where is HOMAN -29-?
- HOMAN -29- is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42515.
- Is HOMAN -29- still producing?
- HOMAN -29- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOMAN -29- is August 2026.
- How much has HOMAN -29- produced?
- HOMAN -29- has reported 138,457 barrels of oil (bbl) to the Railroad Commission of Texas between February 2012 and August 2026, from 5 wellbores.
- How much is HOMAN -29- worth?
- The remaining production from HOMAN -29- is estimated to be worth about $885K in total as of 27 August 2026, within a range of $691K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOMAN -29- is a fraction of it. The estimate fits an Arps decline curve to the production HOMAN -29- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOMAN -29- is an estimate of value, not an offer and not an appraisal.
- How much income does HOMAN -29- generate in a year?
- HOMAN -29- is forecast to net about $164K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOMAN -29- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Energen Resources Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 42515 |
| Wellbores | 5 |
| Reported production | 138,457 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $885K |
Where HOMAN -29- 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.