HERZOG -A-
HERZOG -A- is a Texas oil lease in Martin County, Railroad Commission district 08, operated by MGF Oil Corporation. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 104,486 barrels. The lease is intermittent. 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 $682K, with roughly $124K 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 168 barrels a month, about 84 per wellbore. Its strongest month on the record we hold was November 2020, at 546 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 HERZOG -A-
- Who operates HERZOG -A-?
- HERZOG -A- is operated by MGF Oil Corporation, Railroad Commission of Texas operator number 563320.
- Where is HERZOG -A-?
- HERZOG -A- is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 25860.
- Is HERZOG -A- still producing?
- HERZOG -A- is intermittent. The most recent month of production reported to the Railroad Commission of Texas for HERZOG -A- is August 2026.
- How much has HERZOG -A- produced?
- HERZOG -A- has reported 104,486 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is HERZOG -A- worth?
- The remaining production from HERZOG -A- is estimated to be worth about $682K in total as of 26 August 2026, within a range of $532K to $832K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HERZOG -A- is a fraction of it. The estimate fits an Arps decline curve to the production HERZOG -A- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HERZOG -A- is an estimate of value, not an offer and not an appraisal.
- How much income does HERZOG -A- generate in a year?
- HERZOG -A- is forecast to net about $124K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HERZOG -A- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | MGF Oil Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 25860 |
| Wellbores | 2 |
| Reported production | 104,486 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $682K |
Where HERZOG -A- 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.