SHERMAN 368
SHERMAN 368 is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Brahaney Drilling Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 165,517 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 $773K, with roughly $149K 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 227 barrels a month, about 114 per wellbore. Its strongest month on the record we hold was January 2023, at 321 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 SHERMAN 368
- Who operates SHERMAN 368?
- SHERMAN 368 is operated by Brahaney Drilling Co., Railroad Commission of Texas operator number 088380.
- Where is SHERMAN 368?
- SHERMAN 368 is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 62104.
- Is SHERMAN 368 still producing?
- SHERMAN 368 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHERMAN 368 is August 2026.
- How much has SHERMAN 368 produced?
- SHERMAN 368 has reported 165,517 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is SHERMAN 368 worth?
- The remaining production from SHERMAN 368 is estimated to be worth about $773K in total as of 27 August 2026, within a range of $603K to $943K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHERMAN 368 is a fraction of it. The estimate fits an Arps decline curve to the production SHERMAN 368 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHERMAN 368 is an estimate of value, not an offer and not an appraisal.
- How much income does SHERMAN 368 generate in a year?
- SHERMAN 368 is forecast to net about $149K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHERMAN 368 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Brahaney Drilling Co. |
|---|---|
| Field | Brahaney |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 62104 |
| Wellbores | 2 |
| Reported production | 165,517 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $773K |
Where SHERMAN 368 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.