WORTHINGTON
WORTHINGTON is a Texas oil lease in Jack County, Railroad Commission district 09, operated by MHM Oil Co. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 54,528 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 $374K, with roughly $72K 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 98 barrels a month, about 24 per wellbore. Its strongest month on the record we hold was August 2023, at 210 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 WORTHINGTON
- Who operates WORTHINGTON?
- WORTHINGTON is operated by MHM Oil Co., Railroad Commission of Texas operator number 563357.
- Where is WORTHINGTON?
- WORTHINGTON is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 23906.
- Is WORTHINGTON still producing?
- WORTHINGTON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WORTHINGTON is August 2026.
- How much has WORTHINGTON produced?
- WORTHINGTON has reported 54,528 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is WORTHINGTON worth?
- The remaining production from WORTHINGTON is estimated to be worth about $374K in total as of 26 August 2026, within a range of $205K to $542K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WORTHINGTON is a fraction of it. The estimate fits an Arps decline curve to the production WORTHINGTON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WORTHINGTON is an estimate of value, not an offer and not an appraisal.
- How much income does WORTHINGTON generate in a year?
- WORTHINGTON is forecast to net about $72K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WORTHINGTON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | MHM Oil Co. |
|---|---|
| Field | Crooked Creek (Weir) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 23906 |
| Wellbores | 4 |
| Reported production | 54,528 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $374K |
Where WORTHINGTON 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.