MEDDERS NORTH
MEDDERS NORTH is a Texas oil lease in Archer County, Railroad Commission district 09, operated by Cholla Petroleum, Inc. It has 5 wellbores on file with the Commission. Reported production runs from July 2010 to August 2026, totalling 152,146 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 $857K, with roughly $194K 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 264 barrels a month, about 53 per wellbore. Its strongest month on the record we hold was October 2017, at 799 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 MEDDERS NORTH
- Who operates MEDDERS NORTH?
- MEDDERS NORTH is operated by Cholla Petroleum, Inc., Railroad Commission of Texas operator number 150683.
- Where is MEDDERS NORTH?
- MEDDERS NORTH is a Texas oil lease in Archer County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31670.
- Is MEDDERS NORTH still producing?
- MEDDERS NORTH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MEDDERS NORTH is August 2026.
- How much has MEDDERS NORTH produced?
- MEDDERS NORTH has reported 152,146 barrels of oil (bbl) to the Railroad Commission of Texas between July 2010 and August 2026, from 5 wellbores.
- How much is MEDDERS NORTH worth?
- The remaining production from MEDDERS NORTH is estimated to be worth about $857K in total as of 27 August 2026, within a range of $668K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MEDDERS NORTH is a fraction of it. The estimate fits an Arps decline curve to the production MEDDERS NORTH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MEDDERS NORTH is an estimate of value, not an offer and not an appraisal.
- How much income does MEDDERS NORTH generate in a year?
- MEDDERS NORTH is forecast to net about $194K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MEDDERS NORTH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cholla Petroleum, Inc. |
|---|---|
| Field | Vogtsberger, South |
| County | Archer County, Texas |
| RRC district | 09 |
| Lease number | 31670 |
| Wellbores | 5 |
| Reported production | 152,146 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $857K |
Where MEDDERS NORTH 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.