HERRON
HERRON is a Texas oil lease in Rusk County, Railroad Commission district 06, operated by KJ Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2016 to August 2026, totalling 89,510 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 $796K, with roughly $190K 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 293 barrels a month. Its strongest month on the record we hold was October 2016, at 4,616 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 HERRON
- Who operates HERRON?
- HERRON is operated by KJ Energy, LLC, Railroad Commission of Texas operator number 469901.
- Where is HERRON?
- HERRON is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15527.
- Is HERRON still producing?
- HERRON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HERRON is August 2026.
- How much has HERRON produced?
- HERRON has reported 89,510 barrels of oil (bbl) to the Railroad Commission of Texas between October 2016 and August 2026, from 1 wellbore.
- How much is HERRON worth?
- The remaining production from HERRON is estimated to be worth about $796K in total as of 26 August 2026, within a range of $621K to $971K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HERRON is a fraction of it. The estimate fits an Arps decline curve to the production HERRON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HERRON is an estimate of value, not an offer and not an appraisal.
- How much income does HERRON generate in a year?
- HERRON is forecast to net about $190K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HERRON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | KJ Energy, LLC |
|---|---|
| Field | Minden (Travis Peak Cons.) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 15527 |
| Wellbores | 1 |
| Reported production | 89,510 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $796K |
Where HERRON 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.