HEBERT
HEBERT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Ocean Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2000 to August 2026, totalling 1,560,295 thousand cubic feet. 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 $277K, with roughly $48K 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 1,819 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 3,229 thousand cubic feet. 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 HEBERT
- Who operates HEBERT?
- HEBERT is operated by Ocean Energy, Inc., Railroad Commission of Texas operator number 617549.
- Where is HEBERT?
- HEBERT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 180486.
- Is HEBERT still producing?
- HEBERT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HEBERT is August 2026.
- How much has HEBERT produced?
- HEBERT has reported 1,560,295 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2000 and August 2026, from 1 wellbore.
- How much is HEBERT worth?
- The remaining production from HEBERT is estimated to be worth about $277K in total as of 26 August 2026, within a range of $230K to $324K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HEBERT is a fraction of it. The estimate fits an Arps decline curve to the production HEBERT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HEBERT is an estimate of value, not an offer and not an appraisal.
- How much income does HEBERT generate in a year?
- HEBERT is forecast to net about $48K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HEBERT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ocean Energy, Inc. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 180486 |
| Wellbores | 1 |
| Reported production | 1,560,295 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $277K |
Where HEBERT 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.