RANCH
RANCH is a Texas oil lease in Young County, Railroad Commission district 09, operated by Herring, Ray. It has 3 wellbores on file with the Commission. Reported production runs from January 2002 to August 2026, totalling 16,371 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 $241K, with roughly $46K 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 84 barrels a month, about 28 per wellbore. Its strongest month on the record we hold was September 2024, at 525 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 RANCH
- Who operates RANCH?
- RANCH is operated by Herring, Ray, Railroad Commission of Texas operator number 380295.
- Where is RANCH?
- RANCH is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 29977.
- Is RANCH still producing?
- RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RANCH is August 2026.
- How much has RANCH produced?
- RANCH has reported 16,371 barrels of oil (bbl) to the Railroad Commission of Texas between January 2002 and August 2026, from 3 wellbores.
- How much is RANCH worth?
- The remaining production from RANCH is estimated to be worth about $241K in total as of 27 August 2026, within a range of $133K to $349K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RANCH is a fraction of it. The estimate fits an Arps decline curve to the production RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does RANCH generate in a year?
- RANCH is forecast to net about $46K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Herring, Ray |
|---|---|
| Field | Young County Regular |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 29977 |
| Wellbores | 3 |
| Reported production | 16,371 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $241K |
Where RANCH 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.