MUSGROVE 9
MUSGROVE 9 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Apache Corporation. It has 5 wellbores on file with the Commission. Reported production runs from June 2011 to August 2026, totalling 179,093 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 $385K, with roughly $234K 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 563 barrels a month, about 113 per wellbore. Its strongest month on the record we hold was August 2024, at 2,231 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 MUSGROVE 9
- Who operates MUSGROVE 9?
- MUSGROVE 9 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is MUSGROVE 9?
- MUSGROVE 9 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43131.
- Is MUSGROVE 9 still producing?
- MUSGROVE 9 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MUSGROVE 9 is August 2026.
- How much has MUSGROVE 9 produced?
- MUSGROVE 9 has reported 179,093 barrels of oil (bbl) to the Railroad Commission of Texas between June 2011 and August 2026, from 5 wellbores.
- How much is MUSGROVE 9 worth?
- The remaining production from MUSGROVE 9 is estimated to be worth about $385K in total as of 26 August 2026, within a range of $301K to $470K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MUSGROVE 9 is a fraction of it. The estimate fits an Arps decline curve to the production MUSGROVE 9 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MUSGROVE 9 is an estimate of value, not an offer and not an appraisal.
- How much income does MUSGROVE 9 generate in a year?
- MUSGROVE 9 is forecast to net about $234K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MUSGROVE 9 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 | Howard County, Texas |
| RRC district | 08 |
| Lease number | 43131 |
| Wellbores | 5 |
| Reported production | 179,093 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $385K |
Where MUSGROVE 9 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.