HERRING

Operated by RAY HERRING OPERATING CO., LLC (P-5 695232) in the PALO PINTO COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 30079District 7BField 68707001OilCasinghead gasSaveExport
Value, all time
$2.8 M
Sep 2007 – May 2026
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
225
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 344 leases and 721 wells, and the rule below applies to all of them.

Discovered
1915-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition36,487 bbl$2,714,972
Casinghead gasProduction7,079 Mcf$64,829
Total$2,779,801

Wells on this lease (2)

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 32.9122, -98.5717. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.91219, -98.57167 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
4,252 ft
2 wells filed one
Completion to plug
16.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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

Between 4,215 and 4,288 ft, median 4,252 ft, over the 2 wells that filed a depth.

Completions filed
Sep 2007 – Apr 2009
2 of 2 wells
Plug dates filed
Feb 2026
1 of 2 wells; 1 filed none

Last completion to plug: a median of 16.8 years across the 1 well that filed both dates, with the middle half between 16.8 years and 16.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3633564834,215 ftApr 2009Feb 2026Yes
42-3633560844,288 ftSep 2007

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 (225)

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

225 months

May 202600106.413.05$0
Apr 20263098.932.87$297
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025174056.664.41$9,859
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 2025162063.933.01$10,357
Jul 20250066.743.32$0
Jun 20252066.483.13$133
May 20250060.553.23$0
Apr 20256062.363.54$374
Mar 20250067.704.27$0
Feb 2025178070.884.34$12,617
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 2024169071.372.28$12,062
Sep 20241069.612.36$70
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 2024161078.082.63$12,571
May 20240078.812.20$0
Apr 20242084.451.66$169
Mar 20244080.301.55$321
Feb 2024180076.091.78$13,696
Jan 20241073.023.30$73
Dec 20230071.262.61$0
Nov 2023175077.892.81$13,631
Oct 20230085.443.09$0
Sep 20238089.042.74$712
Aug 20230080.522.67$0
Jul 2023163074.852.64$12,201
Jun 20230068.962.26$0
May 2023168070.622.23$11,864
Apr 20237078.122.24$547
Mar 20230072.852.39$0
Feb 2023168075.112.47$12,618
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 20222094.529.13$189
Jul 20221670101.587.54$16,964
Jun 202200115.097.98$0
May 202240109.378.43$437
Apr 20221700104.226.84$17,717
Mar 202200108.885.08$0
Feb 2022175091.054.86$15,934
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20211077.435.24$77
Oct 20210079.795.71$0
Sep 2021173069.865.35$12,086
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 2021177069.493.38$12,300
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021168061.302.72$10,298
Feb 20211057.805.55$58
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020169038.772.71$6,552
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020163039.982.39$6,517
Jul 20200038.371.83$0
Jun 2020176034.901.69$6,142
May 20200016.921.81$0
Apr 2020169014.751.80$2,493
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 2020171057.252.09$9,790
Dec 20190059.012.30$0
Nov 2019171055.302.75$9,456
Oct 20191053.472.42$53
Sep 2019169055.052.66$9,303
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019175058.482.74$10,234
Apr 20190062.632.75$0
Mar 2019174056.803.06$9,883
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 2018176046.594.19$8,200
Nov 20181052.934.24$53
Oct 20180061.443.40$0
Sep 2018176059.543.11$10,479
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018176060.183.08$10,592
May 20180065.382.90$0
Apr 2018174063.842.90$11,108
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 2018167062.874.01$10,499
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 201753045.373.00$2,405
Jul 20170043.873.09$0
Jun 2017178042.493.09$7,563
May 20170045.373.26$0
Apr 2017165047.933.21$7,908
Mar 2017176046.772.98$8,232
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016173042.492.64$7,351
Oct 20160046.193.09$0
Sep 2016166041.553.10$6,897
Aug 20160041.442.92$0
Jul 2016171041.622.92$7,117
Jun 2016162045.352.69$7,347
May 20160042.521.99$0
Apr 2016164036.561.99$5,996
Mar 20160033.011.79$0
Feb 2016171026.472.06$4,526
Jan 2016169027.352.36$4,622
Dec 20150032.362.00$0
Nov 2015162038.792.17$6,284
Oct 2015177043.552.43$7,708
Sep 20150042.992.76$0
Aug 2015166040.162.87$6,667
Jul 2015169048.152.95$8,137
Jun 2015156056.152.88$8,759
May 20150055.212.96$0
Apr 2015177049.822.71$8,818
Mar 2015164042.892.93$7,034
Feb 20150044.662.98$0
Jan 2015169043.433.10$7,340
Dec 2014181054.693.59$9,899
Nov 2014183070.464.25$12,894
Oct 2014175078.303.90$13,703
Sep 2014178086.164.05$15,336
Aug 20140089.394.04$0
Jul 2014180096.564.18$17,381
Jun 2014180098.164.74$17,669
May 2014180094.734.73$17,051
Apr 2014171095.944.81$16,406
Mar 2014163095.895.06$15,630
Feb 2014168097.406.19$16,363
Jan 2014170090.404.86$15,368
Dec 2013189091.824.35$17,354
Nov 2013176088.853.74$15,638
Oct 2013183097.423.78$17,828
Sep 20133550104.113.72$36,959
Aug 20131760104.253.52$18,348
Jul 20131770102.523.72$18,146
Jun 2013187094.403.93$17,653
May 2013181094.834.15$17,164
Apr 2013169093.964.28$15,879
Mar 2013356093.623.91$33,329
Feb 2013182091.233.42$16,604
Jan 2013167091.603.42$15,297
Dec 2012366086.773.42$31,758
Nov 2012176086.953.62$15,303
Oct 2012367089.383.40$32,802
Sep 2012177094.672.92$16,757
Aug 2012359092.662.91$33,265
Jul 2012360085.133.02$30,647
Jun 2012355079.822.52$28,336
May 2012180091.612.49$16,490
Apr 20121760101.652.00$17,890
Mar 20123640105.052.22$38,238
Feb 20123520101.102.57$35,587
Jan 2012365098.092.73$35,803
Dec 2011368096.873.24$35,648
Nov 2011528095.723.31$50,540
Oct 2011372084.983.65$31,613
Sep 2011353083.623.99$29,518
Aug 2011536083.404.15$44,702
Jul 2011355094.144.52$33,420
Jun 2011348092.904.64$32,329
May 2011358098.134.40$35,131
Apr 20115330105.964.33$56,477
Mar 2011358096.364.06$34,497
Feb 2011355085.644.18$30,402
Jan 2011544086.504.59$47,056
Dec 2010361085.734.35$30,949
Nov 2010543080.843.80$43,896
Oct 2010722078.103.51$56,388
Sep 2010546072.633.98$39,656
Aug 2010356073.684.42$26,230
Jul 2010714072.554.74$51,801
Jun 2010536070.364.91$37,713
May 2010539071.124.24$38,334
Apr 2010716081.694.12$58,490
Mar 2010524078.394.39$41,076
Feb 2010515073.585.44$37,894
Jan 2010707074.365.96$52,573
Dec 2009870071.445.48$62,153
Nov 2009867074.593.75$64,670
Oct 2009858072.544.11$62,239
Sep 20091,197065.543.06$78,451
Aug 2009837067.423.22$56,431
Jul 2009852061.133.46$52,083
Jun 2009850066.163.90$56,236
May 2009851054.743.93$46,584
Apr 20091,042046.773.59$48,734
Mar 2009184042.144.06$7,754
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 20080741131.3313.03$9,657
May 20081775123.1711.57$9,093
Apr 20081724110.3110.45$7,680
Mar 20080772101.909.66$7,461
Feb 2008074892.538.77$6,560
Jan 2008079990.388.21$6,556
Dec 2007081888.337.30$5,973
Nov 2007081491.677.29$5,935
Oct 2007088882.856.92$6,147
Sep 20070075.846.24$0

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.

Apr 2026 — as filed, then multipliedworked
Oil                    3 bbl  × $ 98.93 =       $297
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                     $297

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. 7B/O/30079 is the state's own key, not one this site invented.