MKG
MKG is a Texas oil lease in Young County, Railroad Commission district 09, operated by Drake Petroleum, Llc. It has 1 wellbore on file with the Commission. Reported production runs from November 2021 to August 2026, totalling 8,222 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 $14K, with roughly $3K expected over the next twelve months.
| Operator | Drake Petroleum, Llc |
|---|---|
| Field | Kendall (Strawn Sd.) |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 34062 |
| Wellbores | 1 |
| Reported production | 8,222 bbl |
| First reported | November 2021 |
| Last reported | August 2026 |
| Estimated royalty value | $14K |
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.