HERRING ESTATE

Operated by SOUTHWEST OPERATING, INC.-TYLER (P-5 806415) in the QUITMAN, N.E. (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12339District 06Field 73847700OilCasinghead gasSaveExport
Value, all time
$2.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1988-03-25
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-09-25.

The Commission's schedule remark for this field reads: TEMP. RULES EXPIRE 9/20/90

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition32,943 bbl$1,201,361
Casinghead gasProduction316,833 Mcf$1,258,680
Total$2,460,041

52,387 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.8734, -95.4106. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.87340, -95.41063 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,205 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 9,205 ft.

Completions filed
Mar 1988
1 of 1 wells

1 well

42-4993159149,205 ftMar 1988

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025186062.743.08$11,670
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023167071.262.61$11,900
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 2022182094.529.13$17,203
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20161041.553.10$42
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 201517329844.662.98$8,613
Jan 2015194043.433.10$2,958
Dec 201401,10554.693.59$3,968
Nov 201418293470.464.25$16,795
Oct 2014098478.303.90$3,839
Sep 201416776686.164.05$17,488
Aug 2014044089.394.04$1,775
Jul 2014061896.564.18$2,583
Jun 201416670798.164.74$19,644
May 2014063294.734.73$2,987
Apr 201417543295.944.81$18,867
Mar 2014046195.895.06$2,331
Feb 201417544597.406.19$19,800
Jan 2014049990.404.86$2,426
Dec 2013049291.824.35$2,142
Nov 201316575188.853.74$17,468
Oct 2013080097.423.78$3,023
Sep 20130857104.113.72$3,186
Aug 2013164749104.253.52$19,735
Jul 20130547102.523.72$2,034
Jun 201317051094.403.93$18,054
May 2013057694.834.15$2,390
Apr 201315757193.964.28$17,197
Mar 2013060693.623.91$2,371
Feb 2013152391.233.42$1,880
Jan 201317361991.603.42$17,964
Dec 2012062286.773.42$2,127
Nov 201218862986.953.62$18,627
Oct 2012072289.383.40$2,455
Sep 2012035094.672.92$1,021
Aug 201216328292.662.91$15,924
Jul 2012057885.133.02$1,746
Jun 2012059479.822.52$1,496
May 201217875891.612.49$18,193
Apr 20120893101.652.00$1,783
Mar 2012168813105.052.22$19,455
Feb 20120536101.102.57$1,378
Jan 2012079398.092.73$2,168
Dec 201117165896.873.24$18,697
Nov 201101,00395.723.31$3,321
Oct 201117193084.983.65$17,925
Sep 2011190483.623.99$3,687
Aug 20111731,52583.404.15$20,756
Jul 2011044494.144.52$2,006
Jun 2011013692.904.64$631
May 2011018498.134.40$810
Apr 20110165105.964.33$715
Mar 201109896.364.06$398
Feb 20110885.644.18$33
Jan 201103086.504.59$138
Dec 201005385.734.35$230
Nov 201007080.843.80$266
Oct 2010037678.103.51$1,319
Sep 2010035072.633.98$1,393
Aug 201017236673.684.42$14,290
Jul 2010121572.554.74$1,091
Jun 2010019270.364.91$943
May 201009671.124.24$407
Apr 201017713481.694.12$15,012
Mar 2010134378.394.39$1,584
Feb 2010018773.585.44$1,018
Jan 2010042774.365.96$2,547
Dec 2009155371.445.48$3,104
Nov 2009021574.593.75$807
Oct 200919027972.544.11$14,929
Sep 2009295565.543.06$3,058
Aug 200917094067.423.22$14,487
Jul 20093561,11561.133.46$25,625
Jun 2009075266.163.90$2,929
May 200918159054.743.93$12,224
Apr 2009086746.773.59$3,110
Mar 200901,01042.144.06$4,100
Feb 200901,00332.814.63$4,647
Jan 2009081035.865.37$4,351
Dec 200815893637.105.98$11,456
Nov 200801,14155.496.86$7,828
Oct 200816757675.246.92$16,552
Sep 2008173796101.767.88$23,875
Aug 20080847114.228.48$7,185
Jul 2008178833131.0811.39$32,820
Jun 200801,007131.3313.03$13,124
May 20081571,224123.1711.57$33,505
Apr 20081761,450110.3110.45$34,574
Mar 20081831,123101.909.66$29,500
Feb 2008098092.538.77$8,595
Jan 2008033590.388.21$2,749
Dec 200717395388.337.30$22,240
Nov 200701,48191.677.29$10,799
Oct 20071791,66982.856.92$26,383
Sep 200701,42075.846.24$8,867
Aug 20071701,78469.066.39$23,136
Jul 20071761,14070.906.39$19,761
Jun 2007051962.007.55$3,918
May 2007077858.747.85$6,104
Apr 2007071759.617.81$5,596
Mar 200717474056.927.30$15,308
Feb 2007054555.108.22$4,478
Jan 200717968850.306.73$13,632
Dec 2006082556.656.92$5,708
Nov 20061761,36854.207.62$19,960
Oct 200601,83754.906.01$11,047
Sep 20061771,33560.085.04$17,359
Aug 200601,47568.717.34$10,826
Jul 20061721,29769.376.34$20,158
Jun 200601,07666.286.38$6,869
May 20061881,28866.016.42$20,685
Apr 200601,13364.397.36$8,339
Mar 20061821,22756.707.08$19,010
Feb 200601,06257.597.75$8,232
Jan 20061731,20960.598.93$21,282
Dec 20051761,19354.9413.42$25,674
Nov 200501,31154.6910.59$13,881
Oct 200501,16058.3413.80$16,003
Sep 20051731,36961.4512.08$27,167
Aug 20051641,37061.519.80$23,509
Jul 200501,79255.697.84$14,056
Jun 20051761,57652.337.38$20,843
May 20051771,06245.226.65$15,067
Apr 200501,46849.207.36$10,805
Mar 20051771,58050.377.15$20,220
Feb 200501,20545.226.31$7,606
Jan 20051781,77843.166.32$18,923
Dec 200401,83839.866.75$12,408
Nov 20041791,23545.286.33$15,923
Oct 20041811,46749.706.52$18,553
Sep 200401,69143.245.28$8,935
Aug 20041771,69542.375.55$16,908
Jul 20041781,73238.286.08$17,352
Jun 200411,74536.106.43$11,262
May 20041731,52737.486.49$16,401
Apr 200401,74934.475.86$10,246
Mar 20041981,62434.365.53$15,784
Feb 20041761,68532.455.51$14,995
Jan 200421,99032.036.30$12,600
Dec 20031831,78530.266.30$16,786
Nov 20031821,29028.804.60$11,169
Oct 200301,68928.174.76$8,039
Sep 20031791,60326.314.75$12,323
Aug 20031771,55129.765.13$13,224
Jul 20031811,91229.415.17$15,210
Jun 200302,06328.565.98$12,343
May 20031772,18426.595.97$17,751
Apr 200318089126.675.41$9,618
Mar 200322,19131.146.10$13,419
Feb 20031791,53433.487.93$18,151
Jan 20031812,04130.315.58$16,879
Dec 200201,94626.914.85$9,445
Nov 20021711,62824.664.14$10,952
Oct 20021791,69426.464.23$11,900
Sep 20021761,61027.443.64$10,682
Aug 200201,95425.963.16$6,183
Jul 20021752,01424.583.06$10,468
Jun 20021722,25123.733.34$11,596
May 20021761,99724.663.58$11,497
Apr 20021902,03123.653.51$11,627
Mar 2002020122.003.10$624
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20011872,10919.782.53$9,032
Sep 20011872,01624.262.25$9,075
Aug 20011821,46724.873.05$9,005
Jul 20011852,17823.933.20$11,390
Jun 200122,08324.563.82$8,015
May 20011711,72825.524.31$11,807
Apr 20011792,04624.685.34$15,334
Mar 20011662,02424.545.38$14,956
Feb 20011721,97827.755.77$16,180
Jan 200101,84527.478.40$15,496
Dec 20001851,98326.889.12$23,063
Nov 20001712,11832.215.66$17,492
Oct 20001852,33631.235.15$17,797
Sep 20001782,21231.875.19$17,145
Aug 200002,08829.644.54$9,481
Jul 20001862,56528.534.09$15,797
Jun 20001822,24129.304.40$15,187
May 20001802,37327.263.68$13,639
Apr 20001912,26824.513.12$11,749
Mar 20001872,15628.422.86$11,480
Feb 20001892,32527.622.73$11,559
Jan 200002,21825.272.48$5,502
Dec 19991902,37824.282.42$10,377
Nov 19993722,15823.192.43$13,879
Oct 199902,48020.982.80$6,953
Sep 19991802,45921.752.62$10,355
Aug 19991772,60119.262.88$10,888
Jul 19993622,95017.892.37$13,475
Jun 19991822,71615.942.36$9,317
May 19991823,22215.792.32$10,352
Apr 19993792,94215.102.21$12,219
Mar 199903,17912.471.84$5,844
Feb 19991792,0189.981.82$5,455
Jan 19993682,58210.381.90$8,726
Dec 19981852,3529.201.77$5,873
Nov 19981812,34910.892.19$7,105
Oct 19985401,85612.421.97$10,362
Sep 1998026712.592.08$556
Aug 1998016011.301.91$305
Jul 199817947911.742.24$3,173
Jun 1998026511.242.24$593
May 1998033212.622.21$733
Apr 1998011813.042.51$296
Mar 199818640312.802.31$3,312
Feb 19981892,04213.952.30$7,331
Jan 19981862,19514.702.15$7,464
Dec 19973742,27316.322.41$11,584
Nov 1997192018.193.09$3,492
Oct 19971852,89119.253.15$12,667
Sep 19971783,47617.742.95$13,429
Aug 19973563,56917.862.55$15,476
Jul 19971881,89417.582.25$7,561
Jun 199736745317.242.26$7,350
May 19973511,35218.972.31$9,780
Apr 199714546717.882.08$3,565
Mar 199705118.951.94$99
Feb 199701,02220.492.21$2,254
Jan 19970723.483.54$25
Dec 199617339423.32$4,034
Nov 199618567021.97$4,064
Oct 199618449023.31$4,289
Sep 199601,12622.22$0
Aug 199619198420.26$3,870
Jul 199618496219.55$3,597
Jun 19961921,07418.73$3,596
May 199618399619.43$3,556
Apr 199618933221.51$4,065
Mar 199619249319.38$3,721
Feb 1996074616.98$0
Jan 199619135817.07$3,260
Dec 199518870117.19$3,232
Nov 1995055216.00$0
Oct 199519085915.43$2,932
Sep 19951861,21216.18$3,009
Aug 19953701,46815.92$5,890
Jul 19951791,45715.24$2,728
Jun 19951841,50816.41$3,019
May 19951911,32417.56$3,354
Apr 199518877217.73$3,333
Mar 19951781,15716.44$2,926
Feb 199518587316.58$3,067
Jan 199518298515.92$2,897
Dec 19941791,06315.03$2,690
Nov 19941911,60015.90$3,037
Oct 19943741,17315.58$5,827
Sep 19941901,21415.29$2,905
Aug 199418788516.13$3,016
Jul 19941771,13217.56$3,108
Jun 19941881,09017.09$3,213
May 19941851,15515.88$2,938
Apr 19941881,79714.14$2,658
Mar 199419591812.46$2,430
Feb 19943791,64912.50$4,738
Jan 199418287712.66$2,304
Dec 19933701,59112.33$4,562
Nov 199318556614.49$2,681
Oct 19931861,43715.85$2,948
Sep 199318593815.03$2,781
Aug 19933711,39415.66$5,810
Jul 19931651,03415.46$2,551
Jun 19931791,48816.79$3,005
May 19931801,41417.68$3,182
Apr 19933611,71618.05$6,516
Mar 19931812,06818.14$3,283
Feb 19931821,16417.90$3,258
Jan 19933541,53116.93$5,993

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Sep 2025 — as filed, then multipliedworked
Oil                  186 bbl  × $ 62.74 =    $11,670
Casinghead gas         0 Mcf  × $  3.08 =         $0

────────────────────────────────────────────────────
Month total                                  $11,670

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 06/O/12339 is the state's own key, not one this site invented.