HALEY-REED (DEVONIAN) UNIT
HALEY-REED (DEVONIAN) UNIT is a Texas gas lease in Midland County, Railroad Commission district 08, operated by Mobil Producing TX. & N.M. Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1998 to August 2026, totalling 3,970,551 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 $523K, with roughly $108K 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 3,209 thousand cubic feet a month. Its strongest month on the record we hold was August 2017, at 5,577 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 HALEY-REED (DEVONIAN) UNIT
- Who operates HALEY-REED (DEVONIAN) UNIT?
- HALEY-REED (DEVONIAN) UNIT is operated by Mobil Producing TX. & N.M. Inc., Railroad Commission of Texas operator number 572550.
- Where is HALEY-REED (DEVONIAN) UNIT?
- HALEY-REED (DEVONIAN) UNIT is a Texas gas lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 168901.
- Is HALEY-REED (DEVONIAN) UNIT still producing?
- HALEY-REED (DEVONIAN) UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HALEY-REED (DEVONIAN) UNIT is August 2026.
- How much has HALEY-REED (DEVONIAN) UNIT produced?
- HALEY-REED (DEVONIAN) UNIT has reported 3,970,551 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1998 and August 2026, from 1 wellbore.
- How much is HALEY-REED (DEVONIAN) UNIT worth?
- The remaining production from HALEY-REED (DEVONIAN) UNIT is estimated to be worth about $523K in total as of 26 August 2026, within a range of $434K to $612K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HALEY-REED (DEVONIAN) UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HALEY-REED (DEVONIAN) UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HALEY-REED (DEVONIAN) UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HALEY-REED (DEVONIAN) UNIT generate in a year?
- HALEY-REED (DEVONIAN) UNIT is forecast to net about $108K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HALEY-REED (DEVONIAN) UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mobil Producing TX. & N.M. Inc. |
|---|---|
| Field | Parks (Devonian) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 168901 |
| Wellbores | 1 |
| Reported production | 3,970,551 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $523K |
Where HALEY-REED (DEVONIAN) 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.