MINA
MINA is a Texas oil lease in Cherokee County, Railroad Commission district 06, operated by Aeon Operating, Inc. It has 6 wellbores on file with the Commission. Reported production runs from May 2013 to August 2026, totalling 315,171 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 $2.2M, with roughly $572K 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 836 barrels a month, about 139 per wellbore. Its strongest month on the record we hold was May 2016, at 4,785 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 MINA
- Who operates MINA?
- MINA is operated by Aeon Operating, Inc., Railroad Commission of Texas operator number 000834.
- Where is MINA?
- MINA is a Texas oil lease in Cherokee County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15264.
- Is MINA still producing?
- MINA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MINA is August 2026.
- How much has MINA produced?
- MINA has reported 315,171 barrels of oil (bbl) to the Railroad Commission of Texas between May 2013 and August 2026, from 6 wellbores.
- How much is MINA worth?
- The remaining production from MINA is estimated to be worth about $2.2M in total as of 26 August 2026, within a range of $1.7M to $2.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MINA is a fraction of it. The estimate fits an Arps decline curve to the production MINA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MINA is an estimate of value, not an offer and not an appraisal.
- How much income does MINA generate in a year?
- MINA is forecast to net about $572K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MINA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Aeon Operating, Inc. |
|---|---|
| Field | Maydell (Woodbine) |
| County | Cherokee County, Texas |
| RRC district | 06 |
| Lease number | 15264 |
| Wellbores | 6 |
| Reported production | 315,171 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where MINA 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.