HERNDON

Operated by MARSHALL R. YOUNG OPERATING, LLC (P-5 527861) in the OSBORNE (PALO PINTO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32138District 7BField 67712500OilCasinghead gasSaveExport
Value, all time
$1.6 M
May 2017 – May 2026
Value, last 12 filed months
$55 k
at the published price for each month
Months reported
109
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
1955-12-31
as the register files it
Field class
Oil
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
OilDisposition23,463 bbl$1,374,888
Casinghead gasProduction55,365 Mcf$192,783
Total$1,567,671

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 32.4433, -100.1367. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44326, -100.13669 · 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
4,874 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 4,874 ft.

Completions filed
May 2017
1 of 1 wells

1 well

42-4413455614,874 ftMay 2017

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 (109)

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

109 months

May 202600106.413.05$0
Apr 2026042298.932.87$1,211
Mar 2026036289.753.15$1,140
Feb 202617624363.503.75$12,087
Jan 2026034159.138.00$2,727
Dec 2025038256.664.41$1,686
Nov 202517144958.593.93$11,782
Oct 2025046859.383.30$1,547
Sep 202516711362.743.08$10,825
Aug 20250063.933.01$0
Jul 2025180066.743.32$12,013
Jun 202501966.483.13$59
May 202517145660.553.23$11,828
Apr 2025022562.363.54$797
Mar 202517719267.704.27$12,802
Feb 202517740770.884.34$14,312
Jan 2025047774.324.28$2,041
Dec 202418149568.993.12$14,032
Nov 2024048569.052.20$1,066
Oct 202417950471.372.28$13,925
Sep 20240069.612.36$0
Aug 2024060675.632.06$1,251
Jul 202416867079.932.15$14,866
Jun 202416843078.082.63$14,250
May 2024017678.812.20$387
Apr 20240084.451.66$0
Mar 20241812180.301.55$14,567
Feb 202417043976.091.78$13,718
Jan 2024045173.023.30$1,487
Dec 202317548171.262.61$13,726
Nov 20231695877.892.81$13,326
Oct 202301585.443.09$46
Sep 202317536089.042.74$16,567
Aug 2023061680.522.67$1,646
Jul 202317260474.852.64$14,470
Jun 202317155868.962.26$13,052
May 202318059270.622.23$14,030
Apr 202318461078.122.24$15,739
Mar 202317064172.852.39$13,919
Feb 202317053375.112.47$14,083
Jan 202317059076.533.39$15,009
Dec 2022054176.415.73$3,099
Nov 20220085.005.65$0
Oct 202217061287.185.86$18,409
Sep 202216969284.888.16$19,994
Aug 202217273294.529.13$22,939
Jul 2022081101.587.54$611
Jun 2022169975115.097.98$27,228
May 2022172440109.378.43$22,522
Apr 2022172662104.226.84$22,452
Mar 2022168950108.885.08$23,114
Feb 2022053291.054.86$2,585
Jan 20223321,03481.844.54$31,863
Dec 20211811,08971.323.90$17,155
Nov 20211861,10877.435.24$20,204
Oct 20211691,17279.795.71$20,181
Sep 20215161,16369.865.35$42,271
Aug 2021092966.024.22$3,921
Jul 2021090270.783.98$3,592
Jun 202132176869.493.38$24,903
May 202134898363.483.02$25,057
Apr 2021095960.362.76$2,645
Mar 202134491361.302.72$23,568
Feb 2021047057.805.55$2,608
Jan 202151998750.412.81$28,937
Dec 20201701,00444.642.68$10,275
Nov 202017198938.772.71$9,306
Oct 202018183336.972.48$8,756
Sep 20203471,07437.091.99$15,009
Aug 20203421,20539.982.39$16,547
Jul 202033779538.371.83$14,382
Jun 2020079534.901.69$1,344
May 202017981616.921.81$4,510
Apr 202017977614.751.80$4,040
Mar 202052580730.341.86$17,426
Feb 2020072849.881.98$1,442
Jan 202034174357.252.09$21,079
Dec 201917076059.012.30$11,783
Nov 201934374955.302.75$21,028
Oct 201916881553.472.42$10,954
Sep 201917081155.052.66$11,514
Aug 201933981453.112.30$19,880
Jul 201951177156.272.46$30,651
Jun 2019074852.782.49$1,863
May 201933765558.482.74$21,503
Apr 201934265962.632.75$23,232
Mar 201917851356.803.06$11,681
Feb 201916847450.852.79$9,866
Jan 201934544446.033.23$17,314
Dec 201817222446.594.19$8,951
Nov 201817522652.934.24$10,220
Oct 201834443161.443.40$22,600
Sep 201817040559.543.11$11,381
Aug 201834433359.403.07$21,455
Jul 201817140665.142.93$12,329
Jun 201834031560.183.08$21,430
May 201851231465.382.90$34,385
Apr 201834623863.842.90$22,779
Mar 201817010161.222.79$10,689
Feb 20180061.782.77$0
Jan 201868140962.874.01$44,454
Dec 2017506057.272.92$28,979
Nov 2017675055.423.12$37,409
Oct 2017857049.292.98$42,242
Sep 2017856047.523.09$40,677
Aug 20171,038045.373.00$47,094
Jul 2017984043.873.09$43,168
Jun 2017998042.493.09$42,405
May 2017171045.373.26$7,758

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                    0 bbl  × $ 98.93 =         $0
Casinghead gas       422 Mcf  × $  2.87 =     $1,211

────────────────────────────────────────────────────
Month total                                   $1,211

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/32138 is the state's own key, not one this site invented.