HERMES
HERMES is a Texas oil lease in Jasper County, Railroad Commission district 03, operated by Whitehead Resources, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from January 2026 to August 2026, totalling 4,483 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 $2.1M, with roughly $623K 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 979 barrels a month. Its strongest month on the record we hold was February 2026, at 1,603 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 HERMES
- Who operates HERMES?
- HERMES is operated by Whitehead Resources, Ltd., Railroad Commission of Texas operator number 919409.
- Where is HERMES?
- HERMES is a Texas oil lease in Jasper County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 28282.
- Is HERMES still producing?
- HERMES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HERMES is August 2026.
- How much has HERMES produced?
- HERMES has reported 4,483 barrels of oil (bbl) to the Railroad Commission of Texas between January 2026 and August 2026, from 1 wellbore.
- How much is HERMES worth?
- The remaining production from HERMES is estimated to be worth about $2.1M in total as of 26 August 2026, within a range of $1.6M to $2.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HERMES is a fraction of it. The estimate fits an Arps decline curve to the production HERMES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HERMES is an estimate of value, not an offer and not an appraisal.
- How much income does HERMES generate in a year?
- HERMES is forecast to net about $623K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HERMES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Whitehead Resources, Ltd. |
|---|---|
| Field | Sally Withers Lake (3650) |
| County | Jasper County, Texas |
| RRC district | 03 |
| Lease number | 28282 |
| Wellbores | 1 |
| Reported production | 4,483 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where HERMES 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.