MAHOGANY 24-13J-56-1
MAHOGANY 24-13J-56-1 is a Texas gas lease in Loving County, Railroad Commission district 08, operated by WPX Energy Permian, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2021 to August 2026, totalling 2,191,395 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.7M, with roughly $860K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 13,548 thousand cubic feet a month. Its strongest month on the record we hold was January 2022, at 188,868 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about MAHOGANY 24-13J-56-1
- Who operates MAHOGANY 24-13J-56-1?
- MAHOGANY 24-13J-56-1 is operated by WPX Energy Permian, LLC, Railroad Commission of Texas operator number 942623.
- Where is MAHOGANY 24-13J-56-1?
- MAHOGANY 24-13J-56-1 is a Texas gas lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 292108.
- Is MAHOGANY 24-13J-56-1 still producing?
- MAHOGANY 24-13J-56-1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAHOGANY 24-13J-56-1 is August 2026.
- How much has MAHOGANY 24-13J-56-1 produced?
- MAHOGANY 24-13J-56-1 has reported 2,191,395 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2021 and August 2026, from 1 wellbore.
- How much is MAHOGANY 24-13J-56-1 worth?
- The remaining production from MAHOGANY 24-13J-56-1 is estimated to be worth about $1.7M in total as of 27 August 2026, within a range of $1.4M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAHOGANY 24-13J-56-1 is a fraction of it. The estimate fits an Arps decline curve to the production MAHOGANY 24-13J-56-1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAHOGANY 24-13J-56-1 is an estimate of value, not an offer and not an appraisal.
- How much income does MAHOGANY 24-13J-56-1 generate in a year?
- MAHOGANY 24-13J-56-1 is forecast to net about $860K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MAHOGANY 24-13J-56-1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | WPX Energy Permian, LLC |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 292108 |
| Wellbores | 1 |
| Reported production | 2,191,395 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where MAHOGANY 24-13J-56-1 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.