HEBERT
HEBERT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from February 2005 to August 2026, totalling 1,763,219 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 $291K, with roughly $51K 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 1,530 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 4,206 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 HEBERT
- Who operates HEBERT?
- HEBERT is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is HEBERT?
- HEBERT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 216003.
- Is HEBERT still producing?
- HEBERT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HEBERT is August 2026.
- How much has HEBERT produced?
- HEBERT has reported 1,763,219 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2005 and August 2026, from 1 wellbore.
- How much is HEBERT worth?
- The remaining production from HEBERT is estimated to be worth about $291K in total as of 26 August 2026, within a range of $242K to $341K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HEBERT is a fraction of it. The estimate fits an Arps decline curve to the production HEBERT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HEBERT is an estimate of value, not an offer and not an appraisal.
- How much income does HEBERT generate in a year?
- HEBERT is forecast to net about $51K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HEBERT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 216003 |
| Wellbores | 1 |
| Reported production | 1,763,219 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $291K |
Where HEBERT 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.