MACHAN, ROBERT AND MACHAN,
MACHAN, ROBERT AND MACHAN, is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Tazwell Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 12,193 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 $81K, with roughly $16K 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 22 barrels a month. Its strongest month on the record we hold was October 2023, at 143 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 MACHAN, ROBERT AND MACHAN,
- Who operates MACHAN, ROBERT AND MACHAN,?
- MACHAN, ROBERT AND MACHAN, is operated by Tazwell Corporation, Railroad Commission of Texas operator number 840285.
- Where is MACHAN, ROBERT AND MACHAN,?
- MACHAN, ROBERT AND MACHAN, is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 21052.
- Is MACHAN, ROBERT AND MACHAN, still producing?
- MACHAN, ROBERT AND MACHAN, is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MACHAN, ROBERT AND MACHAN, is August 2026.
- How much has MACHAN, ROBERT AND MACHAN, produced?
- MACHAN, ROBERT AND MACHAN, has reported 12,193 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MACHAN, ROBERT AND MACHAN, worth?
- The remaining production from MACHAN, ROBERT AND MACHAN, is estimated to be worth about $81K in total as of 27 August 2026, within a range of $45K to $117K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MACHAN, ROBERT AND MACHAN, is a fraction of it. The estimate fits an Arps decline curve to the production MACHAN, ROBERT AND MACHAN, has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MACHAN, ROBERT AND MACHAN, is an estimate of value, not an offer and not an appraisal.
- How much income does MACHAN, ROBERT AND MACHAN, generate in a year?
- MACHAN, ROBERT AND MACHAN, is forecast to net about $16K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MACHAN, ROBERT AND MACHAN, receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tazwell Corporation |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 21052 |
| Wellbores | 1 |
| Reported production | 12,193 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $81K |
Where MACHAN, ROBERT AND MACHAN, 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.