MR

MR is a Texas oil lease in Wheeler County, Railroad Commission district 10, operated by Sanguine Gas Exploration, Llc. It has 4 wellbores on file with the Commission. Reported production runs from March 2010 to August 2026, totalling 248,453 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 $15K, with roughly $2K expected over the next twelve months.

OperatorSanguine Gas Exploration, Llc
FieldMills Ranch (Granite Wash Cons.)
CountyWheeler County, Texas
RRC district10
Lease number08110
Wellbores4
Reported production248,453 bbl
First reportedMarch 2010
Last reportedAugust 2026
Estimated royalty value$15K

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.