ALTAH MAE
ALTAH MAE is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Seaboard Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2000 to August 2026, totalling 34,251 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 $407K, with roughly $75K 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 90 barrels a month. Its strongest month on the record we hold was June 2025, at 196 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 ALTAH MAE
- Who operates ALTAH MAE?
- ALTAH MAE is operated by Seaboard Oil Company, Railroad Commission of Texas operator number 760901.
- Where is ALTAH MAE?
- ALTAH MAE is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 36209.
- Is ALTAH MAE still producing?
- ALTAH MAE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ALTAH MAE is August 2026.
- How much has ALTAH MAE produced?
- ALTAH MAE has reported 34,251 barrels of oil (bbl) to the Railroad Commission of Texas between January 2000 and August 2026, from 1 wellbore.
- How much is ALTAH MAE worth?
- The remaining production from ALTAH MAE is estimated to be worth about $407K in total as of 26 August 2026, within a range of $224K to $590K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ALTAH MAE is a fraction of it. The estimate fits an Arps decline curve to the production ALTAH MAE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ALTAH MAE is an estimate of value, not an offer and not an appraisal.
- How much income does ALTAH MAE generate in a year?
- ALTAH MAE is forecast to net about $75K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ALTAH MAE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seaboard Oil Company |
|---|---|
| Field | Double E (Bell Canyon) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 36209 |
| Wellbores | 1 |
| Reported production | 34,251 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $407K |
Where ALTAH MAE 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.