Herrera

Oil & Gas Property in Erath County, TX

Property Summary

Key data points for Herrera

CountiesErath County, TX
Palo Pinto County, TX
OperatorSTEPHENS & JOHNSON OPERATING CO.
Production DatesJul 1997 - Jan 2024
Total Oil Production107 BBLs
Total Gas Production1,451,264 MCF
Recent Oil Production0 BBLs in Dec 2023
Recent Gas Production2,710 MCF in Dec 2023
Wells on Property7

Our Valuation Estimates for Herrera

ShaleAssessment

$488 *

MarketMultiple

$9,332 **

* 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 Jan 2024

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 BBLs2,460 MCFJan 2024
Ball AshworthPalo Pinto County, TX0 BBLs0 MCFJun 2017
BarronPalo Pinto County, TX0 BBLs0 MCFJul 2022
BolesPalo Pinto County, TX0 BBLs746 MCFJan 2024
Borchers-WilbarPalo Pinto County, TX0 BBLs0 MCFMay 2020
FergusonPalo Pinto County, TX0 BBLs1,875 MCFJan 2024
FinchPalo Pinto County, TX0 BBLs0 MCFSep 2023
GrahamPalo Pinto County, TX0 BBLs994 MCFJan 2024
Lanier S.SPalo Pinto County, TX0 BBLs1,751 MCFJan 2024
LongPalo Pinto County, TX0 BBLs0 MCFMar 2022
Long LolitaPalo Pinto County, TX0 BBLs0 MCFMar 2022
Martin FPalo Pinto County, TX0 BBLs2,078 MCFJan 2024
PeaseEastland County, TX0 BBLs511 MCFJan 2024
ScalingErath County, TX0 BBLs0 MCFMar 2019
Sherman RobertPalo Pinto County, TX0 BBLs1,623 MCFJan 2024
Smith MPalo Pinto County, TX0 BBLs682 MCFJan 2024
Stuart MargaretPalo Pinto County, TX0 BBLs1,912 MCFJan 2024
T.P. Fee DErath County, TX0 BBLs1,225 MCFJan 2024
Tucker LPalo Pinto County, TX0 BBLs0 MCFJul 2012
Wilbar HazelPalo Pinto County, TX0 BBLs0 MCFFeb 2020

Owners of Herrera

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023STEPHENS & JOHNSON OPERATINGHERRERA #5STEPHENS & JOHNSON
2023STEPHENS & JOHNSON OPERATINGHERRERA #6STEPHENS & JOHNSON
2023ALLAR COMPANY THEHERRERA #5STEPHENS & JOHNSON
2023ALLAR COMPANY THEHERRERA #6STEPHENS & JOHNSON

Oil & Gas Sales on Herrera

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7B-247981HERRERA 6Nov 2023STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Nov 2023STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Nov 2023STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Nov 2023STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Oct 2023STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Oct 2023STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Oct 2023STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Oct 2023STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Sep 2023STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Sep 2023STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Sep 2023STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Sep 2023STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Aug 2023STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Aug 2023STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Aug 2023STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Aug 2023STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Jul 2023STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Jul 2023STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Jul 2023STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Jul 2023STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Jun 2023STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6Jun 2023STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Jun 2023STEPHENS & JOHNSON OPERATING CO.
7B-284744HERRERA 5Jun 2023STEPHENS & JOHNSON OPERATING CO.STEPHENS & JOHNSON OPERATING CO.
7B-247981HERRERA 6May 2023STEPHENS & JOHNSON OPERATING CO.