HERRING, EDGAR
HERRING, EDGAR is a Texas oil lease in Coleman County, Railroad Commission district 7B, operated by Delray Oil, Inc. It has 15 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 327,588 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 $692K, with roughly $133K 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 184 barrels a month, about 12 per wellbore. Its strongest month on the record we hold was August 2017, at 849 barrels. 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, EDGAR
- Who operates HERRING, EDGAR?
- HERRING, EDGAR is operated by Delray Oil, Inc., Railroad Commission of Texas operator number 213275.
- Where is HERRING, EDGAR?
- HERRING, EDGAR is a Texas oil lease in Coleman County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 16968.
- Is HERRING, EDGAR still producing?
- HERRING, EDGAR is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HERRING, EDGAR is August 2026.
- How much has HERRING, EDGAR produced?
- HERRING, EDGAR has reported 327,588 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 15 wellbores.
- How much is HERRING, EDGAR worth?
- The remaining production from HERRING, EDGAR is estimated to be worth about $692K in total as of 26 August 2026, within a range of $539K to $844K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HERRING, EDGAR is a fraction of it. The estimate fits an Arps decline curve to the production HERRING, EDGAR has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HERRING, EDGAR is an estimate of value, not an offer and not an appraisal.
- How much income does HERRING, EDGAR generate in a year?
- HERRING, EDGAR is forecast to net about $133K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HERRING, EDGAR receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Delray Oil, Inc. |
|---|---|
| Field | Coleman County Regular |
| County | Coleman County, Texas |
| RRC district | 7B |
| Lease number | 16968 |
| Wellbores | 15 |
| Reported production | 327,588 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $692K |
Where HERRING, EDGAR 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.