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 January 2006 to August 2026, totalling 30,711 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 $228K, with roughly $44K 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 62 barrels a month. Its strongest month on the record we hold was September 2018, at 153 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 24807.
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 30,711 barrels of oil (bbl) to the Railroad Commission of Texas between January 2006 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 $228K in total as of 26 August 2026, within a range of $125K to $331K. 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 $44K 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

STEINHAUSER-BISHOP UNIT as filed with the Railroad Commission of Texas
OperatorMca Petroleum Corporation
FieldMuldoon, SW. (Arnim-2)
CountyFayette County, Texas
RRC district03
Lease number24807
Wellbores1
Reported production30,711 bbl
First reported
Last reported
Estimated royalty value$228K

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.