HERC STATE 6
HERC STATE 6 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by WPX Energy Permian, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2018 to August 2026, totalling 1,833,150 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 $3.9M, with roughly $1.1M 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 12,279 thousand cubic feet a month. Its strongest month on the record we hold was June 2018, at 111,184 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 HERC STATE 6
- Who operates HERC STATE 6?
- HERC STATE 6 is operated by WPX Energy Permian, LLC, Railroad Commission of Texas operator number 942623.
- Where is HERC STATE 6?
- HERC STATE 6 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 284353.
- Is HERC STATE 6 still producing?
- HERC STATE 6 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HERC STATE 6 is August 2026.
- How much has HERC STATE 6 produced?
- HERC STATE 6 has reported 1,833,150 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2018 and August 2026, from 1 wellbore.
- How much is HERC STATE 6 worth?
- The remaining production from HERC STATE 6 is estimated to be worth about $3.9M in total as of 26 August 2026, within a range of $3.2M to $4.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HERC STATE 6 is a fraction of it. The estimate fits an Arps decline curve to the production HERC STATE 6 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HERC STATE 6 is an estimate of value, not an offer and not an appraisal.
- How much income does HERC STATE 6 generate in a year?
- HERC STATE 6 is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HERC STATE 6 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | WPX Energy Permian, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 284353 |
| Wellbores | 1 |
| Reported production | 1,833,150 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.9M |
Where HERC STATE 6 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.