CHERRYHOMES
CHERRYHOMES is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Tarpon Oil & Gas Co. It has 3 wellbores on file with the Commission. Reported production runs from January 2020 to August 2026, totalling 259,196 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 $9.6M, with roughly $2.2M 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 3,132 barrels a month, about 1,044 per wellbore. Its strongest month on the record we hold was December 2021, at 4,113 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 CHERRYHOMES
- Who operates CHERRYHOMES?
- CHERRYHOMES is operated by Tarpon Oil & Gas Co., Railroad Commission of Texas operator number 836178.
- Where is CHERRYHOMES?
- CHERRYHOMES is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33979.
- Is CHERRYHOMES still producing?
- CHERRYHOMES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHERRYHOMES is August 2026.
- How much has CHERRYHOMES produced?
- CHERRYHOMES has reported 259,196 barrels of oil (bbl) to the Railroad Commission of Texas between January 2020 and August 2026, from 3 wellbores.
- How much is CHERRYHOMES worth?
- The remaining production from CHERRYHOMES is estimated to be worth about $9.6M in total as of 26 August 2026, within a range of $7.9M to $11.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHERRYHOMES is a fraction of it. The estimate fits an Arps decline curve to the production CHERRYHOMES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHERRYHOMES is an estimate of value, not an offer and not an appraisal.
- How much income does CHERRYHOMES generate in a year?
- CHERRYHOMES is forecast to net about $2.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHERRYHOMES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tarpon Oil & Gas Co. |
|---|---|
| Field | Cherrykirk (Strawn) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 33979 |
| Wellbores | 3 |
| Reported production | 259,196 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.6M |
Where CHERRYHOMES 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.