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Texas oil lease

Producing

HEFLEY 24

Hefley 24 is an oil lease in Howard County, Texas, operated by SMC Oil & Gas, Inc. in the Spraberry (Trend Area) field.

3 wells

794bbl oil, last 12 months−58% vs prior year
RRC lease
08-42714

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
17 mcf
Oil in Jul 2026
76 bbl

Production by month

Oil output fell 58% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 58% over the last 12 monthsMonthly oil production and gas for HEFLEY 24, Aug 2023 to Jul 2026. Oil output fell 58% over the last 12 months. 794 bbl in the 12 months through Jul 2026, against 1,899 bbl in the 12 months before.Last 12 months: 794 bblbbl per monthmcf per month002002504005006007508001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 58% over the last 12 monthsMonthly oil production and gas for HEFLEY 24, Aug 2023 to Jul 2026. Oil output fell 58% over the last 12 months. 794 bbl in the 12 months through Jul 2026, against 1,899 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002504005006007508001,000Jan 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 HEFLEY 24 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 HEFLEY 24 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.

Who has run this lease

The operator changed once, most recently in Nov 2022

Operators of this lease over timeCallon Petroleum Operating Co, Jan 2020 to Oct 2022; SMC Oil & Gas, Inc., Nov 2022 to Jul 20262020202120222023202420252026Changed Nov 2022Callon Petroleum Operating CoJan 2020 to Oct 2022SMC Oil & Gas, Inc.Nov 2022 to now
Operators of this lease over timeCallon Petroleum Operating Co, Jan 2020 to Oct 2022; SMC Oil & Gas, Inc., Nov 2022 to Jul 20262020202120222023202420252026Changed Nov 2022Callon Petroleum Operating CoJan 2020 to Oct 2022SMC Oil & Gas, Inc.Nov 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on HEFLEY 24
API numberWell no.Status
42-227-367171Active
42-227-371343Active
42-317-376062Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Rio Energy International, Inc.OilGathers100Nov 1, 2022–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Wtg Gas Processing, LLCCasinghead gasGathers100Nov 1, 2022Aug 1, 2024
Wtg Gas Processing, LLCCasinghead gasBuys100Nov 1, 2022Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasGathers100Jan 1, 2012Nov 1, 2022
Wtg Gas Processing, L.p.Casinghead gasBuys100Jan 1, 2012Nov 1, 2022
Dorado Oil CompanyOilGathers5Jan 17, 2017Nov 1, 2022
Lion Oil Trading & Trans, LLCOilGathers5Jan 17, 2017Nov 1, 2022

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

320 acres on the newest permit

The wells on this lease state different acreage

The permits state between 242.64 and 320 acres.

Permits for Hefley 24
API numberWell no.Acreson the permit
42-227-371343320
42-317-376062242.64
42-227-367171320

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for HEFLEY 24
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026SMC Oil760000$80.46$2.89
Jun 2026SMC Oil38132000$84.81$3.15
May 2026SMC Oil640000$102.13$2.94
Apr 2026SMC Oil460000$100.32$2.77
Mar 2026SMC Oil58110000$91.38$3.04
Feb 2026SMC Oil620000$64.51$3.62
Jan 2026SMC Oil19126000$60.04$7.72
Dec 2025SMC Oil560000$57.97$4.26
Nov 2025SMC Oil330000$60.06$3.79
Oct 2025SMC Oil81118000$60.89$3.19
Sep 2025SMC Oil18613817170$63.96$2.97
Aug 2025SMC Oil750000$64.86$2.91
Jul 2025SMC Oil7412346460$68.39$3.20
Jun 2025SMC Oil137144000$68.17$3.02
May 2025SMC Oil1711293743740$62.17$3.12
Apr 2025SMC Oil1392749559550$63.54$3.42
Mar 2025SMC Oil1661446046040$68.24$4.12
Feb 2025SMC Oil1871288938930$71.53$4.19
Jan 2025SMC Oil1721459369360$75.74$4.13
Dec 2024SMC Oil1541447177170$70.12$3.01
Nov 2024SMC Oil1631357107100$69.95$2.12
Oct 2024SMC Oil1732702062060$71.99$2.20
Sep 2024SMC Oil13312620200$70.24$2.28
Aug 2024SMC Oil2301376036030$76.68$1.99
Jul 2024SMC Oil1642655985980$81.80$2.07
Jun 2024SMC Oil235130000$79.77$2.54
May 2024SMC Oil2472572512510$80.02$2.12
Apr 2024SMC Oil2582828038030$85.35$1.60
Mar 2024SMC Oil2362563323320$81.28$1.49
Feb 2024SMC Oil3072533023020$77.25$1.72
Jan 2024SMC Oil1011444004000$74.15$3.18
Dec 2023SMC Oil74128000$71.90$2.52
Nov 2023SMC Oil890000$77.69$2.71
Oct 2023SMC Oil311281000$85.64$2.98
Sep 2023SMC Oil484585000$89.43$2.64
Aug 2023SMC Oil6085772762760$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

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