MAYS TRUST 81
MAYS TRUST 81 is a Texas oil lease in Hemphill County, Railroad Commission district 10, operated by Sabine Oil & Gas LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2012 to August 2026, totalling 39,887 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 $359K, with roughly $52K 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 30 barrels a month. Its strongest month on the record we hold was May 2024, at 124 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 MAYS TRUST 81
- Who operates MAYS TRUST 81?
- MAYS TRUST 81 is operated by Sabine Oil & Gas LLC, Railroad Commission of Texas operator number 742142.
- Where is MAYS TRUST 81?
- MAYS TRUST 81 is a Texas oil lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08851.
- Is MAYS TRUST 81 still producing?
- MAYS TRUST 81 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAYS TRUST 81 is August 2026.
- How much has MAYS TRUST 81 produced?
- MAYS TRUST 81 has reported 39,887 barrels of oil (bbl) to the Railroad Commission of Texas between February 2012 and August 2026, from 1 wellbore.
- How much is MAYS TRUST 81 worth?
- The remaining production from MAYS TRUST 81 is estimated to be worth about $359K in total as of 27 August 2026, within a range of $197K to $520K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAYS TRUST 81 is a fraction of it. The estimate fits an Arps decline curve to the production MAYS TRUST 81 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAYS TRUST 81 is an estimate of value, not an offer and not an appraisal.
- How much income does MAYS TRUST 81 generate in a year?
- MAYS TRUST 81 is forecast to net about $52K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MAYS TRUST 81 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sabine Oil & Gas LLC |
|---|---|
| Field | Lipscomb, S.E. (Cleveland) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 08851 |
| Wellbores | 1 |
| Reported production | 39,887 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $359K |
Where MAYS TRUST 81 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.