NORTH HERRIN UNIT
NORTH HERRIN UNIT is a Texas oil lease in Haskell County, Railroad Commission district 7B, operated by Cross Timbers Operating Company. It has 32 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 344,019 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 $3.0M, with roughly $687K 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 1,038 barrels a month, about 32 per wellbore. Its strongest month on the record we hold was April 2023, at 1,708 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 NORTH HERRIN UNIT
- Who operates NORTH HERRIN UNIT?
- NORTH HERRIN UNIT is operated by Cross Timbers Operating Company, Railroad Commission of Texas operator number 190468.
- Where is NORTH HERRIN UNIT?
- NORTH HERRIN UNIT is a Texas oil lease in Haskell County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 14168.
- Is NORTH HERRIN UNIT still producing?
- NORTH HERRIN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NORTH HERRIN UNIT is August 2026.
- How much has NORTH HERRIN UNIT produced?
- NORTH HERRIN UNIT has reported 344,019 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 32 wellbores.
- How much is NORTH HERRIN UNIT worth?
- The remaining production from NORTH HERRIN UNIT is estimated to be worth about $3.0M in total as of 27 August 2026, within a range of $2.5M to $3.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORTH HERRIN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NORTH HERRIN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NORTH HERRIN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NORTH HERRIN UNIT generate in a year?
- NORTH HERRIN UNIT is forecast to net about $687K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NORTH HERRIN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cross Timbers Operating Company |
|---|---|
| Field | Herrin, N. (Strawn) |
| County | Haskell County, Texas |
| RRC district | 7B |
| Lease number | 14168 |
| Wellbores | 32 |
| Reported production | 344,019 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.0M |
Where NORTH HERRIN UNIT 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.