MACKEREL 24B
MACKEREL 24B is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from March 2011 to August 2026, totalling 7,579 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 $99K, with roughly $18K 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 21 barrels a month. Its strongest month on the record we hold was March 2019, at 52 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 MACKEREL 24B
- Who operates MACKEREL 24B?
- MACKEREL 24B is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is MACKEREL 24B?
- MACKEREL 24B is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41069.
- Is MACKEREL 24B still producing?
- MACKEREL 24B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MACKEREL 24B is August 2026.
- How much has MACKEREL 24B produced?
- MACKEREL 24B has reported 7,579 barrels of oil (bbl) to the Railroad Commission of Texas between March 2011 and August 2026, from 1 wellbore.
- How much is MACKEREL 24B worth?
- The remaining production from MACKEREL 24B is estimated to be worth about $99K in total as of 27 August 2026, within a range of $54K to $143K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MACKEREL 24B is a fraction of it. The estimate fits an Arps decline curve to the production MACKEREL 24B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MACKEREL 24B is an estimate of value, not an offer and not an appraisal.
- How much income does MACKEREL 24B generate in a year?
- MACKEREL 24B is forecast to net about $18K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MACKEREL 24B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 41069 |
| Wellbores | 1 |
| Reported production | 7,579 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $99K |
Where MACKEREL 24B 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.