HEAD HONCO STATE BS
HEAD HONCO STATE BS is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Conocophillips Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2013 to August 2026, totalling 553,057 thousand cubic feet. The lease is intermittent. 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 $60K, with roughly $20K 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 270 thousand cubic feet a month. Its strongest month on the record we hold was December 2021, at 12,344 thousand cubic feet. 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 HEAD HONCO STATE BS
- Who operates HEAD HONCO STATE BS?
- HEAD HONCO STATE BS is operated by Conocophillips Company, Railroad Commission of Texas operator number 172232.
- Where is HEAD HONCO STATE BS?
- HEAD HONCO STATE BS is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 275696.
- Is HEAD HONCO STATE BS still producing?
- HEAD HONCO STATE BS is intermittent. The most recent month of production reported to the Railroad Commission of Texas for HEAD HONCO STATE BS is August 2026.
- How much has HEAD HONCO STATE BS produced?
- HEAD HONCO STATE BS has reported 553,057 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2013 and August 2026, from 1 wellbore.
- How much is HEAD HONCO STATE BS worth?
- The remaining production from HEAD HONCO STATE BS is estimated to be worth about $60K in total as of 27 August 2026, within a range of $47K to $74K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HEAD HONCO STATE BS is a fraction of it. The estimate fits an Arps decline curve to the production HEAD HONCO STATE BS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HEAD HONCO STATE BS is an estimate of value, not an offer and not an appraisal.
- How much income does HEAD HONCO STATE BS generate in a year?
- HEAD HONCO STATE BS is forecast to net about $20K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HEAD HONCO STATE BS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conocophillips Company |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 275696 |
| Wellbores | 1 |
| Reported production | 553,057 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $60K |
Where HEAD HONCO STATE BS 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.