HERNDON -C-
HERNDON -C- is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Courson Oil & Gas, Inc. It has 2 wellbores on file with the Commission. Reported production runs from May 2011 to August 2026, totalling 71,169 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 $977K, with roughly $167K 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 167 barrels a month, about 84 per wellbore. Its strongest month on the record we hold was June 2016, at 5,993 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 HERNDON -C-
- Who operates HERNDON -C-?
- HERNDON -C- is operated by Courson Oil & Gas, Inc., Railroad Commission of Texas operator number 182785.
- Where is HERNDON -C-?
- HERNDON -C- is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08262.
- Is HERNDON -C- still producing?
- HERNDON -C- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HERNDON -C- is August 2026.
- How much has HERNDON -C- produced?
- HERNDON -C- has reported 71,169 barrels of oil (bbl) to the Railroad Commission of Texas between May 2011 and August 2026, from 2 wellbores.
- How much is HERNDON -C- worth?
- The remaining production from HERNDON -C- is estimated to be worth about $977K in total as of 27 August 2026, within a range of $762K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HERNDON -C- is a fraction of it. The estimate fits an Arps decline curve to the production HERNDON -C- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HERNDON -C- is an estimate of value, not an offer and not an appraisal.
- How much income does HERNDON -C- generate in a year?
- HERNDON -C- is forecast to net about $167K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HERNDON -C- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Courson Oil & Gas, Inc. |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 08262 |
| Wellbores | 2 |
| Reported production | 71,169 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $977K |
Where HERNDON -C- 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.