MASTERSON
MASTERSON is a Texas oil lease in Brazoria County, Railroad Commission district 03, operated by Reata Operating Company LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2019 to August 2026, totalling 4,032 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 $240K, with roughly $46K 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 65 barrels a month. Its strongest month on the record we hold was September 2024, at 186 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 MASTERSON
- Who operates MASTERSON?
- MASTERSON is operated by Reata Operating Company LLC, Railroad Commission of Texas operator number 695987.
- Where is MASTERSON?
- MASTERSON is a Texas oil lease in Brazoria County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27569.
- Is MASTERSON still producing?
- MASTERSON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MASTERSON is August 2026.
- How much has MASTERSON produced?
- MASTERSON has reported 4,032 barrels of oil (bbl) to the Railroad Commission of Texas between June 2019 and August 2026, from 1 wellbore.
- How much is MASTERSON worth?
- The remaining production from MASTERSON is estimated to be worth about $240K in total as of 26 August 2026, within a range of $132K to $349K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MASTERSON is a fraction of it. The estimate fits an Arps decline curve to the production MASTERSON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MASTERSON is an estimate of value, not an offer and not an appraisal.
- How much income does MASTERSON generate in a year?
- MASTERSON is forecast to net about $46K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MASTERSON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Reata Operating Company LLC |
|---|---|
| Field | Damon Mound |
| County | Brazoria County, Texas |
| RRC district | 03 |
| Lease number | 27569 |
| Wellbores | 1 |
| Reported production | 4,032 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $240K |
Where MASTERSON 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.