HERRING RANCH 67-1
HERRING RANCH 67-1 is a Texas gas lease in Live Oak County, Railroad Commission district 02, operated by Nueces Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,414,261 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 $84K, with roughly $13K 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 453 thousand cubic feet a month. Its strongest month on the record we hold was November 2016, at 2,616 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 HERRING RANCH 67-1
- Who operates HERRING RANCH 67-1?
- HERRING RANCH 67-1 is operated by Nueces Oil Company, Railroad Commission of Texas operator number 616030.
- Where is HERRING RANCH 67-1?
- HERRING RANCH 67-1 is a Texas gas lease in Live Oak County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 102317.
- Is HERRING RANCH 67-1 still producing?
- HERRING RANCH 67-1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HERRING RANCH 67-1 is August 2026.
- How much has HERRING RANCH 67-1 produced?
- HERRING RANCH 67-1 has reported 1,414,261 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HERRING RANCH 67-1 worth?
- The remaining production from HERRING RANCH 67-1 is estimated to be worth about $84K in total as of 26 August 2026, within a range of $65K to $102K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HERRING RANCH 67-1 is a fraction of it. The estimate fits an Arps decline curve to the production HERRING RANCH 67-1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HERRING RANCH 67-1 is an estimate of value, not an offer and not an appraisal.
- How much income does HERRING RANCH 67-1 generate in a year?
- HERRING RANCH 67-1 is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HERRING RANCH 67-1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Nueces Oil Company |
|---|---|
| Field | Maxine, East (8700) |
| County | Live Oak County, Texas |
| RRC district | 02 |
| Lease number | 102317 |
| Wellbores | 1 |
| Reported production | 1,414,261 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $84K |
Where HERRING RANCH 67-1 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.