ERVINE & BISHOP
ERVINE & BISHOP is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Mca Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from October 2018 to August 2026, totalling 19,360 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 $676K, with roughly $130K 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 181 barrels a month. Its strongest month on the record we hold was April 2020, at 334 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 ERVINE & BISHOP
- Who operates ERVINE & BISHOP?
- ERVINE & BISHOP is operated by Mca Petroleum Corporation, Railroad Commission of Texas operator number 537160.
- Where is ERVINE & BISHOP?
- ERVINE & BISHOP is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27390.
- Is ERVINE & BISHOP still producing?
- ERVINE & BISHOP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ERVINE & BISHOP is August 2026.
- How much has ERVINE & BISHOP produced?
- ERVINE & BISHOP has reported 19,360 barrels of oil (bbl) to the Railroad Commission of Texas between October 2018 and August 2026, from 1 wellbore.
- How much is ERVINE & BISHOP worth?
- The remaining production from ERVINE & BISHOP is estimated to be worth about $676K in total as of 26 August 2026, within a range of $527K to $825K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ERVINE & BISHOP is a fraction of it. The estimate fits an Arps decline curve to the production ERVINE & BISHOP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ERVINE & BISHOP is an estimate of value, not an offer and not an appraisal.
- How much income does ERVINE & BISHOP generate in a year?
- ERVINE & BISHOP is forecast to net about $130K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ERVINE & BISHOP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mca Petroleum Corporation |
|---|---|
| Field | Muldoon, SW. (Arnim-2) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 27390 |
| Wellbores | 1 |
| Reported production | 19,360 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $676K |
Where ERVINE & BISHOP 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.