MEGAN
MEGAN is a Texas oil lease in Brazos County, Railroad Commission district 03, operated by 7711 Corporation, The. It has 1 wellbore on file with the Commission. Reported production runs from January 2009 to August 2026, totalling 57,980 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 $167K, with roughly $26K 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 19 barrels a month. Its strongest month on the record we hold was January 2017, at 178 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 MEGAN
- Who operates MEGAN?
- MEGAN is operated by 7711 Corporation, The, Railroad Commission of Texas operator number 954998.
- Where is MEGAN?
- MEGAN is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25428.
- Is MEGAN still producing?
- MEGAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MEGAN is August 2026.
- How much has MEGAN produced?
- MEGAN has reported 57,980 barrels of oil (bbl) to the Railroad Commission of Texas between January 2009 and August 2026, from 1 wellbore.
- How much is MEGAN worth?
- The remaining production from MEGAN is estimated to be worth about $167K in total as of 26 August 2026, within a range of $92K to $242K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MEGAN is a fraction of it. The estimate fits an Arps decline curve to the production MEGAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MEGAN is an estimate of value, not an offer and not an appraisal.
- How much income does MEGAN generate in a year?
- MEGAN is forecast to net about $26K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MEGAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | 7711 Corporation, The |
|---|---|
| Field | Giddings (Buda) |
| County | Brazos County, Texas |
| RRC district | 03 |
| Lease number | 25428 |
| Wellbores | 1 |
| Reported production | 57,980 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $167K |
Where MEGAN 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.