METHODIST HOME FOUNDATION UNIT
METHODIST HOME FOUNDATION UNIT is a Texas oil lease in Cass County, Railroad Commission district 06, operated by Phillips, Jack L. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 38,239 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 $341K, with roughly $66K 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 100 barrels a month. Its strongest month on the record we hold was October 2023, at 152 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 METHODIST HOME FOUNDATION UNIT
- Who operates METHODIST HOME FOUNDATION UNIT?
- METHODIST HOME FOUNDATION UNIT is operated by Phillips, Jack L., Railroad Commission of Texas operator number 663080.
- Where is METHODIST HOME FOUNDATION UNIT?
- METHODIST HOME FOUNDATION UNIT is a Texas oil lease in Cass County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 05621.
- Is METHODIST HOME FOUNDATION UNIT still producing?
- METHODIST HOME FOUNDATION UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for METHODIST HOME FOUNDATION UNIT is August 2026.
- How much has METHODIST HOME FOUNDATION UNIT produced?
- METHODIST HOME FOUNDATION UNIT has reported 38,239 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is METHODIST HOME FOUNDATION UNIT worth?
- The remaining production from METHODIST HOME FOUNDATION UNIT is estimated to be worth about $341K in total as of 27 August 2026, within a range of $188K to $495K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in METHODIST HOME FOUNDATION UNIT is a fraction of it. The estimate fits an Arps decline curve to the production METHODIST HOME FOUNDATION UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for METHODIST HOME FOUNDATION UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does METHODIST HOME FOUNDATION UNIT generate in a year?
- METHODIST HOME FOUNDATION UNIT is forecast to net about $66K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in METHODIST HOME FOUNDATION UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips, Jack L. |
|---|---|
| Field | Linden, East ( Cotton Valley) |
| County | Cass County, Texas |
| RRC district | 06 |
| Lease number | 05621 |
| Wellbores | 1 |
| Reported production | 38,239 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $341K |
Where METHODIST HOME FOUNDATION UNIT 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.