MASTEN
MASTEN is a Texas oil lease in Cochran County, Railroad Commission district 8A, operated by Davcro Inc. It has 8 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 104,162 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 $471K, with roughly $91K 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 123 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was October 2019, at 276 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 MASTEN
- Who operates MASTEN?
- MASTEN is operated by Davcro Inc., Railroad Commission of Texas operator number 201895.
- Where is MASTEN?
- MASTEN is a Texas oil lease in Cochran County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 63220.
- Is MASTEN still producing?
- MASTEN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MASTEN is August 2026.
- How much has MASTEN produced?
- MASTEN has reported 104,162 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 8 wellbores.
- How much is MASTEN worth?
- The remaining production from MASTEN is estimated to be worth about $471K in total as of 26 August 2026, within a range of $367K to $575K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MASTEN is a fraction of it. The estimate fits an Arps decline curve to the production MASTEN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MASTEN is an estimate of value, not an offer and not an appraisal.
- How much income does MASTEN generate in a year?
- MASTEN is forecast to net about $91K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MASTEN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Davcro Inc. |
|---|---|
| Field | Levelland |
| County | Cochran County, Texas |
| RRC district | 8A |
| Lease number | 63220 |
| Wellbores | 8 |
| Reported production | 104,162 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $471K |
Where MASTEN 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.