HERMAN

Operated by TXP, INCORPORATED (P-5 875395) in the SUGG-IRION (WICHITA-ALBANY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18781District 7CField 87016450OilCasinghead gasSaveExport
Value, all time
$2.0 M
Oct 2014 – May 2026
Value, last 12 filed months
$78 k
at the published price for each month
Months reported
140
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 4 leases and 5 wells, and the rule below applies to all of them.

Discovered
1977-05-14
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
OilDisposition34,365 bbl$1,888,114
Casinghead gasProduction25,120 Mcf$82,786
Total$1,970,899

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 31.2609, -100.8444. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.26087, -100.84438 · 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 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
6,820 ft
2 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 6,790 and 6,850 ft, median 6,820 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2014 – Dec 2014
2 of 2 wells
Plug dates filed
Apr 2014
1 of 2 wells; 1 filed none

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2353262456,790 ftDec 2014Apr 2014
42-2353279886,850 ftOct 2014

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 (140)

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

140 months

May 20261620106.413.05$17,238
Apr 2026160098.932.87$15,829
Mar 2026165089.753.15$14,809
Feb 20260063.503.75$0
Jan 2026164059.138.00$9,697
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025163062.743.08$10,227
Aug 2025163063.933.01$10,421
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 2025164060.553.23$9,930
Apr 20250062.363.54$0
Mar 2025170067.704.27$11,509
Feb 2025169070.884.34$11,979
Jan 2025165074.324.28$12,263
Dec 2024163068.993.12$11,245
Nov 20240069.052.20$0
Oct 2024163071.372.28$11,633
Sep 20242069.612.36$139
Aug 2024160075.632.06$12,101
Jul 2024162079.932.15$12,949
Jun 20240078.082.63$0
May 2024163078.812.20$12,846
Apr 20241594584.451.66$13,502
Mar 202437180.301.55$351
Feb 202416517176.091.78$12,860
Jan 20241622473.023.30$1,907
Dec 202316422471.262.61$12,271
Nov 202315924177.892.81$13,061
Oct 202316520785.443.09$14,737
Sep 2023018289.042.74$498
Aug 202317420980.522.67$14,569
Jul 2023019374.852.64$510
Jun 202315523568.962.26$11,220
May 202317422170.622.23$12,780
Apr 202316823678.122.24$13,652
Mar 2023220672.852.39$639
Feb 202317315575.112.47$13,376
Jan 2023022376.533.39$755
Dec 202232923976.415.73$26,508
Nov 202217129185.005.65$16,178
Oct 2022018587.185.86$1,085
Sep 202216414684.888.16$15,112
Aug 202215719894.529.13$16,647
Jul 20220251101.587.54$1,893
Jun 2022321225115.097.98$38,739
May 2022166236109.378.43$20,146
Apr 2022159204104.226.84$17,966
Mar 2022322224108.885.08$36,196
Feb 202215720291.054.86$15,276
Jan 202216822381.844.54$14,761
Dec 202147622771.323.90$34,833
Nov 202115924177.435.24$13,573
Oct 202132826379.795.71$27,674
Sep 2021729969.865.35$2,089
Aug 2021012466.024.22$523
Jul 2021113270.783.98$596
Jun 2021414069.493.38$751
May 2021017463.483.02$525
Apr 20211026960.362.76$1,346
Mar 202117320861.302.72$11,170
Feb 20211835657.805.55$3,015
Jan 2021045550.412.81$1,279
Dec 202016827744.642.68$8,241
Nov 202016427838.772.71$7,111
Oct 202015211936.972.48$5,914
Sep 202017029137.091.99$6,885
Aug 20201594639.982.39$6,467
Jul 20202038.371.83$77
Jun 2020334034.901.69$11,657
May 20206016.921.81$102
Apr 20202155514.751.80$3,270
Mar 202017821730.341.86$5,803
Feb 202019824549.881.98$10,362
Jan 202035626957.252.09$20,944
Dec 20197223759.012.30$4,795
Nov 201934723955.302.75$19,847
Oct 201918129653.472.42$10,394
Sep 201918032455.052.66$10,770
Aug 201919034353.112.30$10,881
Jul 201933931956.272.46$19,860
Jun 201918829652.782.49$10,660
May 201918310258.482.74$10,981
Apr 201935422962.632.75$22,801
Mar 201920725856.803.06$12,548
Feb 201918822650.852.79$10,191
Jan 201936716846.033.23$17,435
Dec 201835824646.594.19$17,709
Nov 201831226052.934.24$17,616
Oct 201818828061.443.40$12,502
Sep 201819725759.543.11$12,528
Aug 201836325659.403.07$22,347
Jul 201818829365.142.93$13,105
Jun 201852926560.183.08$32,651
May 201818730565.382.90$13,111
Apr 201819029363.842.90$12,980
Mar 201835830461.222.79$22,764
Feb 201818326061.782.77$12,025
Jan 201853426462.874.01$34,631
Dec 2017127657.272.92$864
Nov 201736226855.423.12$20,898
Oct 201753621249.292.98$27,052
Sep 201718819147.523.09$9,523
Aug 201735220445.373.00$16,583
Jul 20173614543.873.09$15,976
Jun 20171904442.493.09$8,209
May 20173596145.373.26$16,487
Apr 20173548947.933.21$17,253
Mar 20173446246.772.98$16,274
Feb 2017354650.452.95$17,877
Jan 201736515149.413.42$18,551
Dec 201635717848.763.72$18,070
Nov 201635517942.492.64$15,557
Oct 201649921446.193.09$23,710
Sep 201633829441.553.10$14,955
Aug 201635228741.442.92$15,426
Jul 201636032041.622.92$15,919
Jun 201652132845.352.69$24,508
May 201636329442.521.99$16,020
Apr 201636229336.561.99$13,818
Mar 201653628833.011.79$18,210
Feb 201635331226.472.06$9,988
Jan 201653134627.352.36$15,341
Dec 201569135232.362.00$23,065
Nov 201535333338.792.17$14,415
Oct 201550950343.552.43$23,388
Sep 201569358242.992.76$31,397
Aug 201551118540.162.87$21,053
Jul 201551018848.152.95$25,110
Jun 201567617456.152.88$38,459
May 201567619855.212.96$37,907
Apr 20151,03719249.822.71$52,183
Mar 20151,01719142.892.93$44,180
Feb 201596916844.662.98$43,776
Jan 201575315543.433.10$33,183
Dec 201482816354.693.59$45,869
Nov 201453912270.464.25$38,497
Oct 20140078.303.90$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.

May 2026 — as filed, then multipliedworked
Oil                  162 bbl  × $106.41 =    $17,238
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $17,238

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. 7C/O/18781 is the state's own key, not one this site invented.