HERRERA
HERRERA is a Texas gas lease in Erath County, Railroad Commission district 7B, operated by Stephens & Johnson Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from July 2018 to August 2026, totalling 176,148 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 $105K, with roughly $18K 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 888 thousand cubic feet a month. Its strongest month on the record we hold was August 2018, at 4,367 thousand cubic feet. 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 HERRERA
- Who operates HERRERA?
- HERRERA is operated by Stephens & Johnson Operating Co., Railroad Commission of Texas operator number 817555.
- Where is HERRERA?
- HERRERA is a Texas gas lease in Erath County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 284744.
- Is HERRERA still producing?
- HERRERA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HERRERA is August 2026.
- How much has HERRERA produced?
- HERRERA has reported 176,148 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2018 and August 2026, from 1 wellbore.
- How much is HERRERA worth?
- The remaining production from HERRERA is estimated to be worth about $105K in total as of 26 August 2026, within a range of $82K to $128K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HERRERA is a fraction of it. The estimate fits an Arps decline curve to the production HERRERA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HERRERA is an estimate of value, not an offer and not an appraisal.
- How much income does HERRERA generate in a year?
- HERRERA is forecast to net about $18K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HERRERA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Stephens & Johnson Operating Co. |
|---|---|
| Field | Rector (Marble Falls) |
| County | Erath County, Texas |
| RRC district | 7B |
| Lease number | 284744 |
| Wellbores | 1 |
| Reported production | 176,148 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $105K |
Where HERRERA 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.