Herrera

Oil & Gas Property in Erath County, TX

  2. Texas
  3. Erath County, TX
  4. Oil & Gas Properties in Erath County, TX
  5. Herrera Oil & Gas Property

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Property Summary

Key data points for Herrera

CountiesErath County, TX
Palo Pinto County, TX
OperatorSTEPHENS & JOHNSON OPERATING CO.
Production DatesJul 1997 - Apr 2025
Total Oil Production81 BBLs
Total Gas Production1,496,825 MCF
Recent Oil Production0 BBLs in Mar 2025
Recent Gas Production2,410 MCF in Mar 2025
Wells on Property7

Our Valuation Estimates for Herrera

ShaleAssessment™

$336 *

MarketMultiple™

$9,904 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Herrera Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Herrera
from Jul 1997 to Apr 2025

Wells on Herrera

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-143-30972HERRERA 1STEPHENS & JOHNSON OPERATING CO.Plugged Gas WellErath County, TX32.501453-98.413373
42-143-30988HERRERA 3STEPHENS & JOHNSON OPERATING CO.Plugged Gas WellErath County, TX32.511985-98.430647
42-143-30989HERRERA 4STEPHENS & JOHNSON OPERATING CO.Dry HoleErath County, TX32.493656-98.411547
42-143-30991HERRERA 5STEPHENS & JOHNSON OPERATING CO.ProducingErath County, TX32.511917-98.411528
42-143-31005HERRERA 6STEPHENS & JOHNSON OPERATING CO.ProducingErath County, TX32.509125-98.419363
42-363-34618HERRERA 2STEPHENS & JOHNSON OPERATING CO.Plugged Gas WellPalo Pinto County, TX32.516785-98.429354
42-363-34920HERRERA 7STEPHENS & JOHNSON OPERATING CO.Plugged Gas WellPalo Pinto County, TX32.515935-98.419313

Leases included in Herrera

Lease #Lease NameOperatorCountyMonthly Gas Prod.
7B-163775HERRERA 2STEPHENS & JOHNSON OPERATING CO.Palo Pinto County, TX
7B-165396HERRERA 1STEPHENS & JOHNSON OPERATING CO.Erath County, TX
7B-168714HERRERA 1STEPHENS & JOHNSON OPERATING CO.Erath County, TX
7B-170322HERRERA 3STEPHENS & JOHNSON OPERATING CO.Erath County, TX
7B-171798HERRERA 5STEPHENS & JOHNSON OPERATING CO.Erath County, TX
7B-177590HERRERA 6STEPHENS & JOHNSON OPERATING CO.Erath County, TX
7B-178554HERRERA 7STEPHENS & JOHNSON OPERATING CO.Palo Pinto County, TX
7B-247981HERRERA 6STEPHENS & JOHNSON OPERATING CO.Erath County, TX
7B-284744HERRERA 5STEPHENS & JOHNSON OPERATING CO.Erath County, TX

Nearby Properties

These are the closest 20 properties to the Herrera property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BallPalo Pinto County, TX0 BBLs2,830 MCFApr 2025
Ball AshworthPalo Pinto County, TX0 BBLs0 MCFJun 2017
BarronPalo Pinto County, TX0 BBLs182 MCFApr 2025
BolesPalo Pinto County, TX0 BBLs719 MCFApr 2025
Borchers-WilbarPalo Pinto County, TX0 BBLs0 MCFMay 2020
Dillingham-FulferErath County, TX0 BBLs56 MCFApr 2025
FergusonPalo Pinto County, TX0 BBLs1,693 MCFApr 2025
FinchPalo Pinto County, TX0 BBLs0 MCFFeb 2025
GrahamPalo Pinto County, TX0 BBLs1,146 MCFApr 2025
Lanier S.SPalo Pinto County, TX0 BBLs1,314 MCFApr 2025
LongPalo Pinto County, TX0 BBLs0 MCFAug 2022
Long LolitaPalo Pinto County, TX0 BBLs0 MCFJun 2022
Martin FPalo Pinto County, TX0 BBLs1,492 MCFApr 2025
PeaseEastland County, TX0 BBLs544 MCFApr 2025
ScalingErath County, TX0 BBLs0 MCFMar 2019
Sherman RobertPalo Pinto County, TX0 BBLs1,381 MCFApr 2025
Smith MPalo Pinto County, TX0 BBLs465 MCFApr 2025
Stuart MargaretPalo Pinto County, TX0 BBLs656 MCFApr 2025
T.P. Fee DErath County, TX0 BBLs852 MCFApr 2025
Wilbar HazelPalo Pinto County, TX0 BBLs0 MCFFeb 2020

Companies in the Area

These are the closest 20 companies operating near the Herrera property.

Company Name
Alaron Energy, Inc.
Bluestem Resources LLC
Culebra Oil & Gas Company
Culebra Oil & Gas LLC
Dodson Prairie Oil & Gas LLC
Heflin, Bryan Exploration, Inc.
Jilpetco, Inc.
Merenco
Mingus Oil & Gas
North Star Energy, Inc.
North Texas Plugging, LLC
Oryx Energy Company
Panther City Energy LLC
Slate Holdings, Inc.
Stephens & Johnson Operating Co.
T & S Oil & Gas, LLC
Tandem Energy Corporation
Tracer Operating, Inc.
Upham, Chester R., Jr.
Vanco Oil & Gas Corp.

Owners of Herrera

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024STEPHENS & JOHNSON OPERATINGHERRERA #5STEPHENS & JOHNSON
2024ALLAR COMPANY THEHERRERA #6STEPHENS & JOHNSON
2024ALLAR COMPANY THEHERRERA #5STEPHENS & JOHNSON
2024STEPHENS & JOHNSON OPERATINGHERRERA #6STEPHENS & JOHNSON

Oil & Gas Sales on Herrera

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7B-247981HERRERA 6Mar 2025STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Mar 2025STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Mar 2025STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Mar 2025STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Feb 2025STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Feb 2025STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Feb 2025STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Feb 2025STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Jan 2025STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Jan 2025STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Jan 2025STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Jan 2025STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Dec 2024STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Dec 2024STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Dec 2024STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Dec 2024STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Nov 2024STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Nov 2024STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Nov 2024STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Nov 2024STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Oct 2024STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Oct 2024STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Oct 2024STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Oct 2024STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Sep 2024STEPHENS & JOHNSON OPERATING CO.