HERNDON
HERNDON is a Texas oil lease in Taylor County, Railroad Commission district 7B, operated by Marshall R. Young Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2017 to August 2026, totalling 23,730 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 $298K, with roughly $54K 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 77 barrels a month. Its strongest month on the record we hold was July 2017, at 1,124 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
- Who operates HERNDON?
- HERNDON is operated by Marshall R. Young Operating, LLC, Railroad Commission of Texas operator number 527861.
- Where is HERNDON?
- HERNDON is a Texas oil lease in Taylor County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32138.
- Is HERNDON still producing?
- HERNDON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HERNDON is August 2026.
- How much has HERNDON produced?
- HERNDON has reported 23,730 barrels of oil (bbl) to the Railroad Commission of Texas between May 2017 and August 2026, from 1 wellbore.
- How much is HERNDON worth?
- The remaining production from HERNDON is estimated to be worth about $298K in total as of 26 August 2026, within a range of $164K to $433K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HERNDON is a fraction of it. The estimate fits an Arps decline curve to the production HERNDON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HERNDON is an estimate of value, not an offer and not an appraisal.
- How much income does HERNDON generate in a year?
- HERNDON is forecast to net about $54K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HERNDON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marshall R. Young Operating, LLC |
|---|---|
| Field | Osborne (Palo Pinto) |
| County | Taylor County, Texas |
| RRC district | 7B |
| Lease number | 32138 |
| Wellbores | 1 |
| Reported production | 23,730 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $298K |
Where HERNDON 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.