MARY 118
MARY 118 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Jones Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2013 to August 2026, totalling 1,187,211 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 $598K, with roughly $103K 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 3,040 thousand cubic feet a month. Its strongest month on the record we hold was January 2017, at 8,124 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 MARY 118
- Who operates MARY 118?
- MARY 118 is operated by Jones Energy, LLC, Railroad Commission of Texas operator number 441132.
- Where is MARY 118?
- MARY 118 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 272629.
- Is MARY 118 still producing?
- MARY 118 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARY 118 is August 2026.
- How much has MARY 118 produced?
- MARY 118 has reported 1,187,211 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2013 and August 2026, from 1 wellbore.
- How much is MARY 118 worth?
- The remaining production from MARY 118 is estimated to be worth about $598K in total as of 27 August 2026, within a range of $496K to $700K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARY 118 is a fraction of it. The estimate fits an Arps decline curve to the production MARY 118 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARY 118 is an estimate of value, not an offer and not an appraisal.
- How much income does MARY 118 generate in a year?
- MARY 118 is forecast to net about $103K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MARY 118 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jones Energy, LLC |
|---|---|
| Field | Hemphill (Granite Wash.) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 272629 |
| Wellbores | 1 |
| Reported production | 1,187,211 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $598K |
Where MARY 118 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.