STEINHAUSER-BISHOP UNIT
STEINHAUSER-BISHOP UNIT 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 February 2005 to August 2026, totalling 26,663 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 $218K, with roughly $42K 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 61 barrels a month. Its strongest month on the record we hold was June 2017, at 111 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 STEINHAUSER-BISHOP UNIT
- Who operates STEINHAUSER-BISHOP UNIT?
- STEINHAUSER-BISHOP UNIT is operated by Mca Petroleum Corporation, Railroad Commission of Texas operator number 537160.
- Where is STEINHAUSER-BISHOP UNIT?
- STEINHAUSER-BISHOP UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24661.
- Is STEINHAUSER-BISHOP UNIT still producing?
- STEINHAUSER-BISHOP UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEINHAUSER-BISHOP UNIT is August 2026.
- How much has STEINHAUSER-BISHOP UNIT produced?
- STEINHAUSER-BISHOP UNIT has reported 26,663 barrels of oil (bbl) to the Railroad Commission of Texas between February 2005 and August 2026, from 1 wellbore.
- How much is STEINHAUSER-BISHOP UNIT worth?
- The remaining production from STEINHAUSER-BISHOP UNIT is estimated to be worth about $218K in total as of 26 August 2026, within a range of $120K to $316K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEINHAUSER-BISHOP UNIT is a fraction of it. The estimate fits an Arps decline curve to the production STEINHAUSER-BISHOP UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEINHAUSER-BISHOP UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does STEINHAUSER-BISHOP UNIT generate in a year?
- STEINHAUSER-BISHOP UNIT is forecast to net about $42K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STEINHAUSER-BISHOP UNIT 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 Sand) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 24661 |
| Wellbores | 1 |
| Reported production | 26,663 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $218K |
Where STEINHAUSER-BISHOP UNIT 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.