HERMAN
HERMAN is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by TXP, Incorporated. It has 2 wellbores on file with the Commission. Reported production runs from October 2014 to August 2026, totalling 34,593 barrels. 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 $263K, with roughly $51K 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 79 barrels a month, about 40 per wellbore. Its strongest month on the record we hold was September 2016, at 561 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 HERMAN
- Who operates HERMAN?
- HERMAN is operated by TXP, Incorporated, Railroad Commission of Texas operator number 875395.
- Where is HERMAN?
- HERMAN is a Texas oil lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18781.
- Is HERMAN still producing?
- HERMAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HERMAN is August 2026.
- How much has HERMAN produced?
- HERMAN has reported 34,593 barrels of oil (bbl) to the Railroad Commission of Texas between October 2014 and August 2026, from 2 wellbores.
- How much is HERMAN worth?
- The remaining production from HERMAN is estimated to be worth about $263K in total as of 26 August 2026, within a range of $145K to $382K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HERMAN is a fraction of it. The estimate fits an Arps decline curve to the production HERMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HERMAN is an estimate of value, not an offer and not an appraisal.
- How much income does HERMAN generate in a year?
- HERMAN is forecast to net about $51K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HERMAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | TXP, Incorporated |
|---|---|
| Field | Sugg-Irion (Wichita-Albany) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 18781 |
| Wellbores | 2 |
| Reported production | 34,593 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $263K |
Where HERMAN 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.