MONTANA
MONTANA is a Texas oil lease in Madison County, Railroad Commission district 05, operated by MD America Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2014 to August 2026, totalling 219,968 barrels. 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 $1.3M, with roughly $313K 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 453 barrels a month. Its strongest month on the record we hold was February 2020, at 3,920 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 MONTANA
- Who operates MONTANA?
- MONTANA is operated by MD America Energy, LLC, Railroad Commission of Texas operator number 556481.
- Where is MONTANA?
- MONTANA is a Texas oil lease in Madison County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 04223.
- Is MONTANA still producing?
- MONTANA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MONTANA is August 2026.
- How much has MONTANA produced?
- MONTANA has reported 219,968 barrels of oil (bbl) to the Railroad Commission of Texas between December 2014 and August 2026, from 1 wellbore.
- How much is MONTANA worth?
- The remaining production from MONTANA is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $979K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MONTANA is a fraction of it. The estimate fits an Arps decline curve to the production MONTANA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MONTANA is an estimate of value, not an offer and not an appraisal.
- How much income does MONTANA generate in a year?
- MONTANA is forecast to net about $313K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MONTANA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | MD America Energy, LLC |
|---|---|
| Field | Aguila Vado (Eagleford) |
| County | Madison County, Texas |
| RRC district | 05 |
| Lease number | 04223 |
| Wellbores | 1 |
| Reported production | 219,968 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where MONTANA 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.