MEEK 238
MEEK 238 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by MMGL TXPH, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2023 to August 2026, totalling 55,440 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 $106K, with roughly $27K 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 1,061 thousand cubic feet a month. Its strongest month on the record we hold was October 2024, at 2,883 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 MEEK 238
- Who operates MEEK 238?
- MEEK 238 is operated by MMGL TXPH, LLC, Railroad Commission of Texas operator number 101619.
- Where is MEEK 238?
- MEEK 238 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 295933.
- Is MEEK 238 still producing?
- MEEK 238 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MEEK 238 is August 2026.
- How much has MEEK 238 produced?
- MEEK 238 has reported 55,440 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2023 and August 2026, from 1 wellbore.
- How much is MEEK 238 worth?
- The remaining production from MEEK 238 is estimated to be worth about $106K in total as of 26 August 2026, within a range of $88K to $124K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MEEK 238 is a fraction of it. The estimate fits an Arps decline curve to the production MEEK 238 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MEEK 238 is an estimate of value, not an offer and not an appraisal.
- How much income does MEEK 238 generate in a year?
- MEEK 238 is forecast to net about $27K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MEEK 238 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | MMGL TXPH, LLC |
|---|---|
| Field | Buffalo Wallow (Granite Wash) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 295933 |
| Wellbores | 1 |
| Reported production | 55,440 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $106K |
Where MEEK 238 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.