MAYES, J.
MAYES, J. is a Texas gas lease in Callahan County, Railroad Commission district 7B, operated by Gaylyn, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 23,947 thousand cubic feet. The lease is intermittent. 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 $6K, with roughly $740 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 28 thousand cubic feet a month. Its strongest month on the record we hold was November 2025, at 55 thousand cubic feet. 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 MAYES, J.
- Who operates MAYES, J.?
- MAYES, J. is operated by Gaylyn, Inc., Railroad Commission of Texas operator number 298362.
- Where is MAYES, J.?
- MAYES, J. is a Texas gas lease in Callahan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 143609.
- Is MAYES, J. still producing?
- MAYES, J. is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MAYES, J. is August 2026.
- How much has MAYES, J. produced?
- MAYES, J. has reported 23,947 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MAYES, J. worth?
- The remaining production from MAYES, J. is estimated to be worth about $6K in total as of 27 August 2026, within a range of $3K to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAYES, J. is a fraction of it. The estimate fits an Arps decline curve to the production MAYES, J. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAYES, J. is an estimate of value, not an offer and not an appraisal.
- How much income does MAYES, J. generate in a year?
- MAYES, J. is forecast to net about $740 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MAYES, J. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gaylyn, Inc. |
|---|---|
| Field | Nicholas (Duffer) |
| County | Callahan County, Texas |
| RRC district | 7B |
| Lease number | 143609 |
| Wellbores | 1 |
| Reported production | 23,947 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $6K |
Where MAYES, J. 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.