WALDROP, M. G.
WALDROP, M. G. is a Texas oil lease in Panola County, Railroad Commission district 06, operated by Richey Properties, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 45,763 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 $5K, with roughly $972 expected over the next twelve months.
| Operator | Richey Properties, Inc. |
|---|---|
| Field | Itex (Pettet) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 10691 |
| Wellbores | 1 |
| Reported production | 45,763 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $5K |
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.