HEFNER
HEFNER is a Texas oil lease in Lubbock County, Railroad Commission district 8A, operated by Benson-Mccown & Company. It has 1 wellbore on file with the Commission. Reported production runs from May 1996 to August 2026, totalling 22,352 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 $127K, with roughly $24K 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 25 barrels a month. Its strongest month on the record we hold was January 2024, at 57 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 HEFNER
- Who operates HEFNER?
- HEFNER is operated by Benson-Mccown & Company, Railroad Commission of Texas operator number 065846.
- Where is HEFNER?
- HEFNER is a Texas oil lease in Lubbock County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 67571.
- Is HEFNER still producing?
- HEFNER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HEFNER is August 2026.
- How much has HEFNER produced?
- HEFNER has reported 22,352 barrels of oil (bbl) to the Railroad Commission of Texas between May 1996 and August 2026, from 1 wellbore.
- How much is HEFNER worth?
- The remaining production from HEFNER is estimated to be worth about $127K in total as of 26 August 2026, within a range of $70K to $185K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HEFNER is a fraction of it. The estimate fits an Arps decline curve to the production HEFNER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HEFNER is an estimate of value, not an offer and not an appraisal.
- How much income does HEFNER generate in a year?
- HEFNER is forecast to net about $24K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HEFNER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Benson-Mccown & Company |
|---|---|
| Field | Edmisson (Clear Fork) |
| County | Lubbock County, Texas |
| RRC district | 8A |
| Lease number | 67571 |
| Wellbores | 1 |
| Reported production | 22,352 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $127K |
Where HEFNER 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.