MICHELOB
MICHELOB is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Ogris Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2024 to August 2026, totalling 19,880 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 $2.8M, with roughly $640K 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 975 barrels a month. Its strongest month on the record we hold was November 2025, at 4,790 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 MICHELOB
- Who operates MICHELOB?
- MICHELOB is operated by Ogris Operating, LLC, Railroad Commission of Texas operator number 100985.
- Where is MICHELOB?
- MICHELOB is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 23031.
- Is MICHELOB still producing?
- MICHELOB is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MICHELOB is August 2026.
- How much has MICHELOB produced?
- MICHELOB has reported 19,880 barrels of oil (bbl) to the Railroad Commission of Texas between October 2024 and August 2026, from 1 wellbore.
- How much is MICHELOB worth?
- The remaining production from MICHELOB is estimated to be worth about $2.8M in total as of 26 August 2026, within a range of $2.2M to $3.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MICHELOB is a fraction of it. The estimate fits an Arps decline curve to the production MICHELOB has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MICHELOB is an estimate of value, not an offer and not an appraisal.
- How much income does MICHELOB generate in a year?
- MICHELOB is forecast to net about $640K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MICHELOB receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ogris Operating, LLC |
|---|---|
| Field | Maione (Ellenburger) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 23031 |
| Wellbores | 1 |
| Reported production | 19,880 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.8M |
Where MICHELOB 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.