EUCLID
EUCLID is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Mid-Gulf, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 42,289 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 $207K, with roughly $38K 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 54 barrels a month, about 27 per wellbore. Its strongest month on the record we hold was December 2016, at 239 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 EUCLID
- Who operates EUCLID?
- EUCLID is operated by Mid-Gulf, Inc., Railroad Commission of Texas operator number 565888.
- Where is EUCLID?
- EUCLID is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 18239.
- Is EUCLID still producing?
- EUCLID is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EUCLID is August 2026.
- How much has EUCLID produced?
- EUCLID has reported 42,289 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is EUCLID worth?
- The remaining production from EUCLID is estimated to be worth about $207K in total as of 26 August 2026, within a range of $114K to $300K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EUCLID is a fraction of it. The estimate fits an Arps decline curve to the production EUCLID has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EUCLID is an estimate of value, not an offer and not an appraisal.
- How much income does EUCLID generate in a year?
- EUCLID is forecast to net about $38K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EUCLID receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mid-Gulf, Inc. |
|---|---|
| Field | Hooker Creek (Navarro A) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 18239 |
| Wellbores | 2 |
| Reported production | 42,289 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $207K |
Where EUCLID 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.