MANDARINA 29-0-48-1 C

MANDARINA 29-0-48-1 C is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2023 to August 2026, totalling 350,071 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 $2.5M 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 4,509 barrels a month. Its strongest month on the record we hold was October 2023, at 63,605 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 MANDARINA 29-0-48-1 C

Who operates MANDARINA 29-0-48-1 C?
MANDARINA 29-0-48-1 C is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
Where is MANDARINA 29-0-48-1 C?
MANDARINA 29-0-48-1 C is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60415.
Is MANDARINA 29-0-48-1 C still producing?
MANDARINA 29-0-48-1 C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MANDARINA 29-0-48-1 C is August 2026.
How much has MANDARINA 29-0-48-1 C produced?
MANDARINA 29-0-48-1 C has reported 350,071 barrels of oil (bbl) to the Railroad Commission of Texas between September 2023 and August 2026, from 1 wellbore.
How much is MANDARINA 29-0-48-1 C worth?
The remaining production from MANDARINA 29-0-48-1 C is estimated to be worth about $2.8M in total as of 26 August 2026, within a range of $2.3M to $3.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MANDARINA 29-0-48-1 C is a fraction of it. The estimate fits an Arps decline curve to the production MANDARINA 29-0-48-1 C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MANDARINA 29-0-48-1 C is an estimate of value, not an offer and not an appraisal.
How much income does MANDARINA 29-0-48-1 C generate in a year?
MANDARINA 29-0-48-1 C is forecast to net about $2.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MANDARINA 29-0-48-1 C receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MANDARINA 29-0-48-1 C as filed with the Railroad Commission of Texas
OperatorAnadarko E&P Onshore LLC
FieldPhantom (Wolfcamp)
CountyLoving County, Texas
RRC district08
Lease number60415
Wellbores1
Reported production350,071 bbl
First reported
Last reported
Estimated royalty value$2.8M

Where MANDARINA 29-0-48-1 C 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.