MEKEEL, LELAND
MEKEEL, LELAND is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by Maxus Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,494,762 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 $158K, with roughly $34K 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 1,451 thousand cubic feet a month. Its strongest month on the record we hold was October 2019, at 3,004 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 MEKEEL, LELAND
- Who operates MEKEEL, LELAND?
- MEKEEL, LELAND is operated by Maxus Exploration Company, Railroad Commission of Texas operator number 534237.
- Where is MEKEEL, LELAND?
- MEKEEL, LELAND is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 122797.
- Is MEKEEL, LELAND still producing?
- MEKEEL, LELAND is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MEKEEL, LELAND is August 2026.
- How much has MEKEEL, LELAND produced?
- MEKEEL, LELAND has reported 1,494,762 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MEKEEL, LELAND worth?
- The remaining production from MEKEEL, LELAND is estimated to be worth about $158K in total as of 27 August 2026, within a range of $131K to $184K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MEKEEL, LELAND is a fraction of it. The estimate fits an Arps decline curve to the production MEKEEL, LELAND has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MEKEEL, LELAND is an estimate of value, not an offer and not an appraisal.
- How much income does MEKEEL, LELAND generate in a year?
- MEKEEL, LELAND is forecast to net about $34K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MEKEEL, LELAND receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Maxus Exploration Company |
|---|---|
| Field | Mekeel (Morrow Upper) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 122797 |
| Wellbores | 1 |
| Reported production | 1,494,762 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $158K |
Where MEKEEL, LELAND 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.