TBMF
TBMF is a Texas oil lease in Hardin County, Railroad Commission district 03, operated by H.E.R. Operating, LLC. It has 8 wellbores on file with the Commission. Reported production runs from July 2014 to August 2026, totalling 49,080 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 $181K, with roughly $35K 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 51 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was January 2019, at 1,204 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 TBMF
- Who operates TBMF?
- TBMF is operated by H.E.R. Operating, LLC, Railroad Commission of Texas operator number 340442.
- Where is TBMF?
- TBMF is a Texas oil lease in Hardin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26481.
- Is TBMF still producing?
- TBMF is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TBMF is August 2026.
- How much has TBMF produced?
- TBMF has reported 49,080 barrels of oil (bbl) to the Railroad Commission of Texas between July 2014 and August 2026, from 8 wellbores.
- How much is TBMF worth?
- The remaining production from TBMF is estimated to be worth about $181K in total as of 26 August 2026, within a range of $100K to $262K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TBMF is a fraction of it. The estimate fits an Arps decline curve to the production TBMF has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TBMF is an estimate of value, not an offer and not an appraisal.
- How much income does TBMF generate in a year?
- TBMF is forecast to net about $35K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TBMF receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | H.E.R. Operating, LLC |
|---|---|
| Field | Batson New |
| County | Hardin County, Texas |
| RRC district | 03 |
| Lease number | 26481 |
| Wellbores | 8 |
| Reported production | 49,080 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $181K |
Where TBMF 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.