HENRY 504
HENRY 504 is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Midstates Petroleum Company LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2016 to August 2026, totalling 24,399 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 $900K, with roughly $148K 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 132 barrels a month. Its strongest month on the record we hold was October 2016, at 585 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 HENRY 504
- Who operates HENRY 504?
- HENRY 504 is operated by Midstates Petroleum Company LLC, Railroad Commission of Texas operator number 566302.
- Where is HENRY 504?
- HENRY 504 is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09469.
- Is HENRY 504 still producing?
- HENRY 504 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HENRY 504 is August 2026.
- How much has HENRY 504 produced?
- HENRY 504 has reported 24,399 barrels of oil (bbl) to the Railroad Commission of Texas between May 2016 and August 2026, from 1 wellbore.
- How much is HENRY 504 worth?
- The remaining production from HENRY 504 is estimated to be worth about $900K in total as of 26 August 2026, within a range of $702K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HENRY 504 is a fraction of it. The estimate fits an Arps decline curve to the production HENRY 504 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HENRY 504 is an estimate of value, not an offer and not an appraisal.
- How much income does HENRY 504 generate in a year?
- HENRY 504 is forecast to net about $148K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HENRY 504 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Midstates Petroleum Company LLC |
|---|---|
| Field | Kiowa Creek (Marmaton) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 09469 |
| Wellbores | 1 |
| Reported production | 24,399 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $900K |
Where HENRY 504 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.