LEE, MARY
LEE, MARY is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Alexander Energy Corporation. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 36,178 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 $982K, with roughly $171K 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 93 barrels a month, about 31 per wellbore. Its strongest month on the record we hold was January 2026, at 355 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 LEE, MARY
- Who operates LEE, MARY?
- LEE, MARY is operated by Alexander Energy Corporation, Railroad Commission of Texas operator number 012190.
- Where is LEE, MARY?
- LEE, MARY is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 13084.
- Is LEE, MARY still producing?
- LEE, MARY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEE, MARY is August 2026.
- How much has LEE, MARY produced?
- LEE, MARY has reported 36,178 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is LEE, MARY worth?
- The remaining production from LEE, MARY is estimated to be worth about $982K in total as of 27 August 2026, within a range of $540K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEE, MARY is a fraction of it. The estimate fits an Arps decline curve to the production LEE, MARY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEE, MARY is an estimate of value, not an offer and not an appraisal.
- How much income does LEE, MARY generate in a year?
- LEE, MARY is forecast to net about $171K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LEE, MARY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Alexander Energy Corporation |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 13084 |
| Wellbores | 3 |
| Reported production | 36,178 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $982K |
Where LEE, MARY 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.