AGEE, J. M.
AGEE, J. M. is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Mountain Creek Oil Company, Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 10,198 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 $27K, with roughly $5K 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 7 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was January 2018, at 63 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 AGEE, J. M.
- Who operates AGEE, J. M.?
- AGEE, J. M. is operated by Mountain Creek Oil Company, Inc., Railroad Commission of Texas operator number 592053.
- Where is AGEE, J. M.?
- AGEE, J. M. is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 04201.
- Is AGEE, J. M. still producing?
- AGEE, J. M. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AGEE, J. M. is August 2026.
- How much has AGEE, J. M. produced?
- AGEE, J. M. has reported 10,198 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is AGEE, J. M. worth?
- The remaining production from AGEE, J. M. is estimated to be worth about $27K in total as of 26 August 2026, within a range of $0 to $55K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AGEE, J. M. is a fraction of it. The estimate fits an Arps decline curve to the production AGEE, J. M. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AGEE, J. M. is an estimate of value, not an offer and not an appraisal.
- How much income does AGEE, J. M. generate in a year?
- AGEE, J. M. is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in AGEE, J. M. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mountain Creek Oil Company, Inc. |
|---|---|
| Field | Montague County Regular |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 04201 |
| Wellbores | 3 |
| Reported production | 10,198 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $27K |
Where AGEE, J. M. 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.