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Texas gas well

Producing

HEAD HONCHO STATE

Head Honcho State is a gas well in Reeves County, Texas, operated by Conocophillips Company in the Ford, West (Wolfcamp) field.

1 well

409,024mcf gas, last 12 months−53% vs prior year
RRC lease
08-292902

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Oil, last 12 months
9,485 bbl
Gas in Jul 2026
0 mcf

Checks stopped on this lease?

  • Buyer

    Buyer changed: CONOCOPHILLIPS COMPANY replaced DELAWARE BASIN MIDSTREAM LLC as the buyer of this lease's gas from gas wells on Sep 1, 2025.

  • Sales

    Sales over the last 3 months fell to 25% of the 9 months before.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Gas output fell 53% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 53% over the last 12 monthsMonthly gas production and oil for HEAD HONCHO STATE, Aug 2023 to Jul 2026. Gas output fell 53% over the last 12 months. 409,024 mcf in the 12 months through Jul 2026, against 877,596 mcf in the 12 months before.Last 12 months: 409,024 mcfmcf per monthbbl per month0025k1,00050k2,00075k3,000100k4,000125k5,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 53% over the last 12 monthsMonthly gas production and oil for HEAD HONCHO STATE, Aug 2023 to Jul 2026. Gas output fell 53% over the last 12 months. 409,024 mcf in the 12 months through Jul 2026, against 877,596 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0025k1,00050k2,00075k3,000100k4,000125k5,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of HEAD HONCHO STATE gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of HEAD HONCHO STATE gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on HEAD HONCHO STATE
API numberWell no.Status
42-389-391815HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Pipeline L.p.CondensateGathers100May 1, 2023–
Conocophillips CompanyGas-well gasBuys100Sep 1, 2025–
Delaware Basin Midstream LLCGas-well gasGathers100May 1, 2023–
Delaware Basin Midstream LLCGas-well gasBuys100May 1, 2023Sep 1, 2025
4J Energy, LLCCondensateGathers50Feb 9, 2022May 1, 2023
Cp Energy, L.l.c.CondensateGathers50Feb 9, 2022May 1, 2023
Delaware Basin Midstream, LLCGas-well gasGathers100Feb 9, 2022May 1, 2023
Delaware Basin Midstream, LLCGas-well gasBuys100Feb 9, 2022May 1, 2023

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

1,280 acres on the newest permit

Permits for Head Honcho State
API numberWell no.Acreson the permit
42-389-391815H1,280

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

What ConocoPhillips told investors it received

Conocophillips Company is linked to ConocoPhillips (COP).
Realized prices reported by ConocoPhillips
QuarterOil$ per bblFiling
Q2 2026$99.40SEC filing
Q1 2026$73.47SEC filing
Q3 2025$66.13SEC filing
Q2 2025$64.23SEC filing
Q1 2025$71.65SEC filing
Q3 2024$76.77SEC filing

SourceConocoPhillips quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for HEAD HONCHO STATE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202602000$80.46$2.89
Jun 202624224216,57116,5710$84.81$3.15
May 202624524314,52614,5260$102.13$2.94
Apr 202609000$100.32$2.77
Mar 202669569928,79128,7910$91.38$3.04
Feb 20261,4671,46358,89358,8930$64.51$3.62
Jan 20261,3301,33046,37046,3700$60.04$7.72
Dec 20251,3431,33763,60363,6030$57.97$4.26
Nov 202534434524,61724,6170$60.06$3.79
Oct 202557758635,97135,9710$60.89$3.19
Sep 20251,8171,81663,99063,9900$63.96$2.97
Aug 20251,4251,42655,69255,6920$64.86$2.91
Jul 20251,3351,33376,70976,7090$68.39$3.20
Jun 20251,1221,12263,64863,6480$68.17$3.02
May 20251,0961,09655,03155,0310$62.17$3.12
Apr 20251,2541,25761,48161,4810$63.54$3.42
Mar 20251,2751,27268,45468,4540$68.24$4.12
Feb 20251,1381,13960,72960,7290$71.53$4.19
Jan 20251,4321,43472,87672,8760$75.74$4.13
Dec 20241,8391,83778,06278,0620$70.12$3.01
Nov 20241,4021,40478,78378,7830$69.95$2.12
Oct 20241,5261,53388,12488,1240$71.99$2.20
Sep 20242,7082,69781,78481,7840$70.24$2.28
Aug 20242,2532,26791,91591,9150$76.68$1.99
Jul 20243,1343,122124,471124,4710$81.80$2.07
Jun 20241,8181,81785,95485,9540$79.77$2.54
May 20241,8661,86885,37585,3750$80.02$2.12
Apr 20242,0822,08883,92783,9270$85.35$1.60
Mar 20242,4252,42484,20884,2080$81.28$1.49
Feb 20242,0682,05880,36180,3610$77.25$1.72
Jan 20241,5771,580100,967100,9670$74.15$3.18
Dec 20232,1862,180101,457101,4570$71.90$2.52
Nov 20232,5482,554103,228103,2280$77.69$2.71
Oct 20232,1642,158118,151118,1510$85.64$2.98
Sep 20232,6092,620112,196112,1960$89.43$2.64
Aug 20231,9861,984120,089120,0890$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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