HERRING, E.

Operated by BORGER RESOURCES 4 LLC (P-5 83237) in the PANHANDLE HUTCHINSON COUNTY FLD. field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 977District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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 918 leases and 8,177 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA3none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition14,644 bbl$366,125
Casinghead gasProduction328,130 Mcf$672,470
Total$1,038,595

145,027 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 (12)

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 35.8690, -101.5635. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.86883, -101.56459 · 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
41.7%
5 of 12 wells
With a plug date
41.7%
5 of 12 wells
Median depth
3,318 ft
10 wells filed one
Completion to plug
41.5 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
541.7%
A plug date is filed
541.7%
BothOn the schedule and plugged. Neither fact cancels the other.
541.7%
NeitherNo plug date, and not on the schedule.
758.3%

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

Total depth in feet, 10 of 12 wells. Median 3,318 ft, with the middle half between 3,282 and 3,343 ft; the shallowest is 3,248 ft and the deepest 3,434 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 12 wells, Jun 1981 – Oct 2012. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jun 1981 – Oct 2012
8 of 12 wells; 4 filed none
Plug dates filed
Feb 1981 – Feb 2024
5 of 12 wells; 7 filed none

Last completion to plug: a median of 41.5 years across the 3 wells that filed both dates, with the middle half between 34.2 years and 41.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

12 wells

42-233112622W3,248 ftAug 1987Yes
42-2338224313,257 ftFeb 1981Yes
42-233822453
42-233822465
42-23333452123,276 ftOct 2012
42-2333229063,414 ftOct 1987
42-23331275103,300 ftAug 1982Feb 2024Yes
42-2333127693,309 ftAug 1982
42-23331450113,346 ftJun 1982Feb 2024Yes
42-2333127383,327 ftMar 1982
42-233310356A3,333 ftOct 1981
42-233310017W3,434 ftJun 1981Apr 2008Yes

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 20250062.743.08$0
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 20230071.262.61$0
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 20220094.529.13$0
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 20210361.302.72$8
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 20190255.302.75$6
Oct 201901753.472.42$41
Sep 201901555.052.66$40
Aug 201901653.112.30$37
Jul 201901756.272.46$42
Jun 201901552.782.49$37
May 201901958.482.74$52
Apr 20190862.632.75$22
Mar 201901356.803.06$40
Feb 201902450.852.79$67
Jan 201903146.033.23$100
Dec 201804246.594.19$176
Nov 201801452.934.24$59
Oct 201803361.443.40$112
Sep 201803759.543.11$115
Aug 201805459.403.07$166
Jul 201805665.142.93$164
Jun 201803560.183.08$108
May 20186913865.382.90$4,912
Apr 201805663.842.90$162
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 201701757.272.92$50
Nov 2017012555.423.12$390
Oct 2017016249.292.98$483
Sep 2017019347.523.09$596
Aug 2017010445.373.00$312
Jul 20170043.873.09$0
Jun 201702742.493.09$83
May 201706345.373.26$206
Apr 201707447.933.21$238
Mar 201704446.772.98$131
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 201603548.763.72$130
Nov 2016021342.492.64$563
Oct 2016017746.193.09$547
Sep 2016018841.553.10$583
Aug 201612221241.442.92$5,676
Jul 2016023841.622.92$696
Jun 2016013945.352.69$373
May 201605842.521.99$115
Apr 201605636.561.99$112
Mar 2016011533.011.79$206
Feb 2016010426.472.06$215
Jan 2016015827.352.36$374
Dec 2015017032.362.00$340
Nov 2015017838.792.17$386
Oct 2015020843.552.43$505
Sep 2015022942.992.76$632
Aug 2015029940.162.87$859
Jul 2015024148.152.95$710
Jun 2015027156.152.88$781
May 2015036255.212.96$1,070
Apr 2015023549.822.71$636
Mar 2015033242.892.93$974
Feb 2015036444.662.98$1,083
Jan 201518032843.433.10$8,834
Dec 2014020654.693.59$740
Nov 2014013470.464.25$570
Oct 2014036078.303.90$1,404
Sep 2014038186.164.05$1,541
Aug 2014043989.394.04$1,771
Jul 2014018796.564.18$782
Jun 2014045198.164.74$2,136
May 2014040894.734.73$1,928
Apr 2014035395.944.81$1,698
Mar 2014051695.895.06$2,609
Feb 2014042697.406.19$2,638
Jan 2014055590.404.86$2,698
Dec 2013060291.824.35$2,621
Nov 2013047588.853.74$1,776
Oct 2013057497.423.78$2,169
Sep 20130626104.113.72$2,327
Aug 20130645104.253.52$2,272
Jul 2013176702102.523.72$20,653
Jun 2013066294.403.93$2,604
May 2013067494.834.15$2,796
Apr 201318059093.964.28$19,440
Mar 2013067293.623.91$2,629
Feb 2013066491.233.42$2,271
Jan 2013074391.603.42$2,541
Dec 2012047186.773.42$1,611
Nov 2012046286.953.62$1,675
Oct 201216560289.383.40$16,794
Sep 2012059894.672.92$1,745
Aug 2012089792.662.91$2,609
Jul 2012094085.133.02$2,840
Jun 2012055179.822.52$1,388
May 2012083091.612.49$2,065
Apr 201201,071101.652.00$2,139
Mar 201201,741105.052.22$3,869
Feb 20121731,007101.102.57$20,079
Jan 201201,55498.092.73$4,249
Dec 2011033096.873.24$1,069
Nov 20118015095.723.31$8,154
Oct 2011021084.983.65$766
Sep 201107383.623.99$291
Aug 201101883.404.15$75
Jul 20110594.144.52$23
Jun 201102592.904.64$116
May 201103698.134.40$159
Apr 2011015105.964.33$65
Mar 2011164896.364.06$15,836
Feb 20110785.644.18$29
Jan 201102586.504.59$115
Dec 201002485.734.35$104
Nov 201005180.843.80$194
Oct 201008778.103.51$305
Sep 201009172.633.98$362
Aug 201002473.684.42$106
Jul 201002472.554.74$114
Jun 201007970.364.91$388
May 201009771.124.24$411
Apr 2010010181.694.12$416
Mar 2010010478.394.39$456
Feb 201009073.585.44$490
Jan 2010011074.365.96$656
Dec 2009015171.445.48$828
Nov 2009011274.593.75$420
Oct 2009011672.544.11$477
Sep 2009010165.543.06$310
Aug 2009011867.423.22$380
Jul 2009011861.133.46$409
Jun 2009012266.163.90$475
May 2009012254.743.93$479
Apr 2009012146.773.59$434
Mar 200918113242.144.06$8,163
Feb 2009012832.814.63$593
Jan 200907235.865.37$387
Dec 2008011537.105.98$687
Nov 2008012555.496.86$858
Oct 2008013175.246.92$907
Sep 20080154101.767.88$1,213
Aug 2008060114.228.48$509
Jul 20080189131.0811.39$2,153
Jun 20080433131.3313.03$5,643
May 20080643123.1711.57$7,442
Apr 20080231110.3110.45$2,415
Mar 20080159101.909.66$1,537
Feb 2008030792.538.77$2,693
Jan 2008062390.388.21$5,112
Dec 2007063888.337.30$4,659
Nov 2007046191.677.29$3,361
Oct 2007059482.856.92$4,112
Sep 2007054675.846.24$3,409
Aug 2007059369.066.39$3,788
Jul 2007059570.906.39$3,801
Jun 2007058362.007.55$4,401
May 2007068858.747.85$5,398
Apr 2007025959.617.81$2,022
Mar 200716057856.927.30$13,328
Feb 2007041655.108.22$3,418
Jan 2007032950.306.73$2,213
Dec 2006033356.656.92$2,304
Nov 2006060354.207.62$4,593
Oct 2006061354.906.01$3,686
Sep 2006061460.085.04$3,093
Aug 2006069768.717.34$5,116
Jul 2006072369.376.34$4,586
Jun 2006051466.286.38$3,281
May 2006058766.016.42$3,771
Apr 2006048464.397.36$3,562
Mar 2006054556.707.08$3,860
Feb 2006028657.597.75$2,217
Jan 2006018660.598.93$1,662
Dec 200501954.9413.42$255
Nov 200515835054.6910.59$12,347
Oct 2005014958.3413.80$2,056
Sep 2005015961.4512.08$1,921
Aug 2005015461.519.80$1,509
Jul 2005022555.697.84$1,765
Jun 2005023552.337.38$1,735
May 2005018445.226.65$1,224
Apr 2005014149.207.36$1,038
Mar 2005024150.377.15$1,724
Feb 2005016945.226.31$1,067
Jan 2005023443.166.32$1,479
Dec 20041667139.866.75$7,096
Nov 200409845.286.33$620
Oct 2004028649.706.52$1,863
Sep 2004026443.245.28$1,395
Aug 2004029742.375.55$1,649
Jul 2004066038.286.08$4,016
Jun 2004026436.106.43$1,698
May 200414535237.486.49$7,721
Apr 200401,03734.475.86$6,075
Mar 200401,20834.365.53$6,680
Feb 200405332.455.51$292
Jan 2004050332.036.30$3,169
Dec 2003045130.266.30$2,842
Nov 2003061028.804.60$2,803
Oct 200308728.174.76$414
Sep 2003039126.314.75$1,857
Aug 2003056329.765.13$2,888
Jul 2003041929.415.17$2,167
Jun 2003020828.565.98$1,244
May 2003029226.595.97$1,744
Apr 2003012326.675.41$665
Mar 200301131.146.10$67
Feb 2003045033.487.93$3,567
Jan 2003060030.315.58$3,349
Dec 2002096426.914.85$4,679
Nov 2002056824.664.14$2,350
Oct 2002092126.464.23$3,895
Sep 2002050727.443.64$1,843
Aug 200201,00525.963.16$3,180
Jul 200217488924.583.06$6,999
Jun 200201,34023.733.34$4,473
May 200201,56324.663.58$5,602
Apr 20020023.653.51$0
Mar 2002084922.003.10$2,634
Feb 2002077718.222.38$1,846
Jan 2002096417.172.38$2,290
Dec 200101,07916.932.36$2,551
Nov 2001088718.072.41$2,134
Oct 20011671,12819.782.53$6,156
Sep 200101,05424.262.25$2,373
Aug 200101,26624.873.05$3,865
Jul 200101,21823.933.20$3,894
Jun 200101,62824.563.82$6,226
May 200101,02725.524.31$4,424
Apr 2001070724.685.34$3,772
Mar 200101,20824.545.38$6,495
Feb 200116462527.755.77$8,155
Jan 200101,27327.478.40$10,692
Dec 200001,65526.889.12$15,098
Nov 200001,78332.215.66$10,088
Oct 200001,55231.235.15$7,986
Sep 200001,75731.875.19$9,113
Aug 200001,16729.644.54$5,299
Jul 20003422,91328.534.09$21,671
Jun 200002,51529.304.40$11,059
May 200002,66427.263.68$9,803
Apr 200002,66424.513.12$8,301
Mar 2000057528.422.86$1,644
Feb 200001,57527.622.73$4,294
Jan 200002,32925.272.48$5,777
Dec 199902,27924.282.42$5,524
Nov 199902,10123.192.43$5,114
Oct 1999062820.982.80$1,761
Sep 199902,01021.752.62$5,264
Aug 199902,01319.262.88$5,789
Jul 199901,96817.892.37$4,669
Jun 19993351,97615.942.36$10,007
May 199902,19515.792.32$5,095
Apr 199901,95215.102.21$4,310
Mar 199901,89012.471.84$3,474
Feb 199901,6629.981.82$3,021
Jan 199901,78310.381.90$3,388
Dec 199801,7229.201.77$3,054
Nov 199801,88310.892.19$4,116
Oct 1998055512.421.97$1,093
Sep 199801,25612.592.08$2,616
Aug 199802,50411.301.91$4,776
Jul 1998011011.742.24$246
Jun 199801,85511.242.24$4,150
May 199802,10312.622.21$4,640
Apr 19981772,72313.042.51$9,130
Mar 19981772,28412.802.31$7,540
Feb 19981751,29613.952.30$5,421
Jan 19981801,23314.702.15$5,303
Dec 19971792,21016.322.41$8,250
Nov 19971762,63518.193.09$11,339
Oct 19971742,25319.253.15$10,446
Sep 19971763,33017.742.95$12,962
Aug 19971763,87717.862.55$13,048
Jul 19971764,10517.582.25$12,318
Jun 19971692,89417.242.26$9,446
May 19971753,06118.972.31$10,386
Apr 19971793,07117.882.08$9,597
Mar 19971762,71518.951.94$8,600
Feb 19971772,39420.492.21$8,908
Jan 19971772,45823.483.54$12,857
Dec 19961782,12923.32$4,151
Nov 19961812,26121.97$3,977
Oct 19961771,84723.31$4,126
Sep 19961801,87922.22$4,000
Aug 19961742,17020.26$3,525
Jul 19961752,35519.55$3,421
Jun 19961732,81318.73$3,240
May 19961762,98619.43$3,420
Apr 19961743,06521.51$3,743
Mar 19961583,00219.38$3,062
Feb 199602,73116.98$0
Jan 199602,93117.07$0
Dec 199503,01817.19$0
Nov 199503,27116.00$0
Oct 19953503,78815.43$5,401
Sep 19951763,55416.18$2,848
Aug 19951772,29115.92$2,818
Jul 19951762,72215.24$2,682
Jun 19951742,74916.41$2,855
May 19951793,44817.56$3,143
Apr 19951773,40117.73$3,138
Mar 19951773,12516.44$2,910
Feb 19951773,32416.58$2,935
Jan 19951782,52015.92$2,834
Dec 19941801,76815.03$2,705
Nov 19941783,41015.90$2,830
Oct 199403,79915.58$0
Sep 199404,41215.29$0
Aug 19941763,28116.13$2,839
Jul 19941753,19917.56$3,073
Jun 19941753,35617.09$2,991
May 19941753,30715.88$2,779
Apr 19941773,15914.14$2,503
Mar 19943382,97712.46$4,211
Feb 19941792,65712.50$2,238
Jan 19941792,37012.66$2,266
Dec 19931792,37012.33$2,207
Nov 19931783,45014.49$2,579
Oct 19931762,25615.85$2,790
Sep 199302,47015.03$0
Aug 19933443,59215.66$5,387
Jul 19931723,42315.46$2,659
Jun 19936883,45216.79$11,552
May 199302,87517.68$0
Apr 19931814,71718.05$3,267
Mar 19931774,85518.14$3,211
Feb 19933702,62117.90$6,623
Jan 19934403,87116.93$7,449

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.

Mar 2021 — as filed, then multipliedworked
Oil                    0 bbl  × $ 61.30 =         $0
Casinghead gas         3 Mcf  × $  2.72 =         $8

────────────────────────────────────────────────────
Month total                                       $8

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. 10/O/977 is the state's own key, not one this site invented.