MALLET LAND & CATTLE COMPANY
MALLET LAND & CATTLE COMPANY is a Texas oil lease in Terry County, Railroad Commission district 8A, operated by Pennzoil Petroleum Company. It has 48 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 870,216 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 $1.0M, with roughly $247K 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 348 barrels a month, about 7 per wellbore. Its strongest month on the record we hold was January 2018, at 1,451 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 MALLET LAND & CATTLE COMPANY
- Who operates MALLET LAND & CATTLE COMPANY?
- MALLET LAND & CATTLE COMPANY is operated by Pennzoil Petroleum Company, Railroad Commission of Texas operator number 652365.
- Where is MALLET LAND & CATTLE COMPANY?
- MALLET LAND & CATTLE COMPANY is a Texas oil lease in Terry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 05938.
- Is MALLET LAND & CATTLE COMPANY still producing?
- MALLET LAND & CATTLE COMPANY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MALLET LAND & CATTLE COMPANY is August 2026.
- How much has MALLET LAND & CATTLE COMPANY produced?
- MALLET LAND & CATTLE COMPANY has reported 870,216 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 48 wellbores.
- How much is MALLET LAND & CATTLE COMPANY worth?
- The remaining production from MALLET LAND & CATTLE COMPANY is estimated to be worth about $1.0M in total as of 26 August 2026, within a range of $790K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MALLET LAND & CATTLE COMPANY is a fraction of it. The estimate fits an Arps decline curve to the production MALLET LAND & CATTLE COMPANY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MALLET LAND & CATTLE COMPANY is an estimate of value, not an offer and not an appraisal.
- How much income does MALLET LAND & CATTLE COMPANY generate in a year?
- MALLET LAND & CATTLE COMPANY is forecast to net about $247K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MALLET LAND & CATTLE COMPANY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pennzoil Petroleum Company |
|---|---|
| Field | Slaughter |
| County | Terry County, Texas |
| RRC district | 8A |
| Lease number | 05938 |
| Wellbores | 48 |
| Reported production | 870,216 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where MALLET LAND & CATTLE COMPANY 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.