HEFLEY 4C
HEFLEY 4C is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by 4p Energy Texas, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2018 to August 2026, totalling 1,766,851 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 $1.5M, with roughly $275K 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 5,633 thousand cubic feet a month. Its strongest month on the record we hold was August 2018, at 123,385 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 HEFLEY 4C
- Who operates HEFLEY 4C?
- HEFLEY 4C is operated by 4p Energy Texas, LLC, Railroad Commission of Texas operator number 953803.
- Where is HEFLEY 4C?
- HEFLEY 4C is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 285464.
- Is HEFLEY 4C still producing?
- HEFLEY 4C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HEFLEY 4C is August 2026.
- How much has HEFLEY 4C produced?
- HEFLEY 4C has reported 1,766,851 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2018 and August 2026, from 1 wellbore.
- How much is HEFLEY 4C worth?
- The remaining production from HEFLEY 4C is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.2M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HEFLEY 4C is a fraction of it. The estimate fits an Arps decline curve to the production HEFLEY 4C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HEFLEY 4C is an estimate of value, not an offer and not an appraisal.
- How much income does HEFLEY 4C generate in a year?
- HEFLEY 4C is forecast to net about $275K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HEFLEY 4C receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | 4p Energy Texas, LLC |
|---|---|
| Field | Frye Ranch (Consolidated) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 285464 |
| Wellbores | 1 |
| Reported production | 1,766,851 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where HEFLEY 4C 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.