HERRING
HERRING is a Texas oil lease in Scurry County, Railroad Commission district 8A, operated by RK Oil Production. It has 3 wellbores on file with the Commission. Reported production runs from June 2010 to August 2026, totalling 35,017 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 $287K, with roughly $55K 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 53 barrels a month, about 18 per wellbore. Its strongest month on the record we hold was May 2016, at 304 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 HERRING
- Who operates HERRING?
- HERRING is operated by RK Oil Production, Railroad Commission of Texas operator number 714211.
- Where is HERRING?
- HERRING is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69571.
- Is HERRING still producing?
- HERRING is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HERRING is August 2026.
- How much has HERRING produced?
- HERRING has reported 35,017 barrels of oil (bbl) to the Railroad Commission of Texas between June 2010 and August 2026, from 3 wellbores.
- How much is HERRING worth?
- The remaining production from HERRING is estimated to be worth about $287K in total as of 26 August 2026, within a range of $158K to $417K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HERRING is a fraction of it. The estimate fits an Arps decline curve to the production HERRING has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HERRING is an estimate of value, not an offer and not an appraisal.
- How much income does HERRING generate in a year?
- HERRING is forecast to net about $55K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HERRING receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | RK Oil Production |
|---|---|
| Field | Revilo (Glorieta) |
| County | Scurry County, Texas |
| RRC district | 8A |
| Lease number | 69571 |
| Wellbores | 3 |
| Reported production | 35,017 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $287K |
Where HERRING 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.