COURSON HERNDON 656/577
COURSON HERNDON 656/577 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 2 wellbores on file with the Commission. Reported production runs from March 2022 to August 2026, totalling 266,632 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 $1.8M, with roughly $822K 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 1,181 barrels a month, about 591 per wellbore. Its strongest month on the record we hold was April 2022, at 28,454 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 COURSON HERNDON 656/577
- Who operates COURSON HERNDON 656/577?
- COURSON HERNDON 656/577 is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is COURSON HERNDON 656/577?
- COURSON HERNDON 656/577 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09785.
- Is COURSON HERNDON 656/577 still producing?
- COURSON HERNDON 656/577 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COURSON HERNDON 656/577 is August 2026.
- How much has COURSON HERNDON 656/577 produced?
- COURSON HERNDON 656/577 has reported 266,632 barrels of oil (bbl) to the Railroad Commission of Texas between March 2022 and August 2026, from 2 wellbores.
- How much is COURSON HERNDON 656/577 worth?
- The remaining production from COURSON HERNDON 656/577 is estimated to be worth about $1.8M in total as of 27 August 2026, within a range of $1.5M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COURSON HERNDON 656/577 is a fraction of it. The estimate fits an Arps decline curve to the production COURSON HERNDON 656/577 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COURSON HERNDON 656/577 is an estimate of value, not an offer and not an appraisal.
- How much income does COURSON HERNDON 656/577 generate in a year?
- COURSON HERNDON 656/577 is forecast to net about $822K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COURSON HERNDON 656/577 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Allen-Parker (Marmaton) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 09785 |
| Wellbores | 2 |
| Reported production | 266,632 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where COURSON HERNDON 656/577 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.