MISCHIEVOUS BADGER UNIT 80-85

MISCHIEVOUS BADGER UNIT 80-85 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Element Petroleum Op Iii, Llc. It has 4 wellbores on file with the Commission. Reported production runs from October 2018 to August 2026, totalling 1,060,082 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 $431K, with roughly $133K expected over the next twelve months.

OperatorElement Petroleum Op Iii, Llc
FieldSpraberry (Trend Area) R 40 Exc
CountyMartin County, Texas
RRC district08
Lease number51538
Wellbores4
Reported production1,060,082 bbl
First reportedOctober 2018
Last reportedAugust 2026
Estimated royalty value$431K

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.