HERBICH UNIT
HERBICH UNIT is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Patterson Petroleum Llc. It has 1 wellbore on file with the Commission. Reported production runs from March 2007 to August 2026, totalling 219,247 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $24K, with roughly $6K expected over the next twelve months.
| Operator | Patterson Petroleum Llc |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 24985 |
| Wellbores | 1 |
| Reported production | 219,247 bbl |
| First reported | March 2007 |
| Last reported | August 2026 |
| Estimated royalty value | $24K |
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.