MAYFIELD
MAYFIELD is a Texas oil lease in Clay County, Railroad Commission district 09, operated by Corda Corporation. It has 1 wellbore on file with the Commission. Reported production runs from December 2003 to August 2026, totalling 20,988 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 $89K, with roughly $17K 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 24 barrels a month. Its strongest month on the record we hold was September 2016, at 58 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 MAYFIELD
- Who operates MAYFIELD?
- MAYFIELD is operated by Corda Corporation, Railroad Commission of Texas operator number 177997.
- Where is MAYFIELD?
- MAYFIELD is a Texas oil lease in Clay County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 30259.
- Is MAYFIELD still producing?
- MAYFIELD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAYFIELD is August 2026.
- How much has MAYFIELD produced?
- MAYFIELD has reported 20,988 barrels of oil (bbl) to the Railroad Commission of Texas between December 2003 and August 2026, from 1 wellbore.
- How much is MAYFIELD worth?
- The remaining production from MAYFIELD is estimated to be worth about $89K in total as of 26 August 2026, within a range of $49K to $129K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAYFIELD is a fraction of it. The estimate fits an Arps decline curve to the production MAYFIELD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAYFIELD is an estimate of value, not an offer and not an appraisal.
- How much income does MAYFIELD generate in a year?
- MAYFIELD is forecast to net about $17K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAYFIELD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Corda Corporation |
|---|---|
| Field | Lutz (Mississippian) |
| County | Clay County, Texas |
| RRC district | 09 |
| Lease number | 30259 |
| Wellbores | 1 |
| Reported production | 20,988 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $89K |
Where MAYFIELD 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.