HERNDON-HENSLEY
HERNDON-HENSLEY is a Texas oil lease in Milam County, Railroad Commission district 01, operated by Ernest Operating Company. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 25,883 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 $160K, with roughly $31K 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 46 barrels a month, about 12 per wellbore. Its strongest month on the record we hold was October 2022, at 142 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 HERNDON-HENSLEY
- Who operates HERNDON-HENSLEY?
- HERNDON-HENSLEY is operated by Ernest Operating Company, Railroad Commission of Texas operator number 253480.
- Where is HERNDON-HENSLEY?
- HERNDON-HENSLEY is a Texas oil lease in Milam County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 11882.
- Is HERNDON-HENSLEY still producing?
- HERNDON-HENSLEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HERNDON-HENSLEY is August 2026.
- How much has HERNDON-HENSLEY produced?
- HERNDON-HENSLEY has reported 25,883 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is HERNDON-HENSLEY worth?
- The remaining production from HERNDON-HENSLEY is estimated to be worth about $160K in total as of 27 August 2026, within a range of $88K to $233K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HERNDON-HENSLEY is a fraction of it. The estimate fits an Arps decline curve to the production HERNDON-HENSLEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HERNDON-HENSLEY is an estimate of value, not an offer and not an appraisal.
- How much income does HERNDON-HENSLEY generate in a year?
- HERNDON-HENSLEY is forecast to net about $31K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HERNDON-HENSLEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ernest Operating Company |
|---|---|
| Field | Dixie (Navarro B) |
| County | Milam County, Texas |
| RRC district | 01 |
| Lease number | 11882 |
| Wellbores | 4 |
| Reported production | 25,883 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $160K |
Where HERNDON-HENSLEY 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.