MUSTANG
MUSTANG is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Abraxas Petroleum Corporation. It has 9 wellbores on file with the Commission. Reported production runs from December 2012 to August 2026, totalling 776,089 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $21K, with roughly $7K expected over the next twelve months.
| Operator | Abraxas Petroleum Corporation |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 16408 |
| Wellbores | 9 |
| Reported production | 776,089 bbl |
| First reported | December 2012 |
| Last reported | August 2026 |
| Estimated royalty value | $21K |
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.