MULLIGAN

MULLIGAN is a Texas oil lease in Fisher County, Railroad Commission district 7B, operated by Double M Petroproperties, Inc. It has 3 wellbores on file with the Commission. Reported production runs from February 2012 to August 2026, totalling 22,317 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 $586K, with roughly $132K 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 209 barrels a month, about 70 per wellbore. Its strongest month on the record we hold was April 2026, at 355 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 MULLIGAN

Who operates MULLIGAN?
MULLIGAN is operated by Double M Petroproperties, Inc., Railroad Commission of Texas operator number 224867.
Where is MULLIGAN?
MULLIGAN is a Texas oil lease in Fisher County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 30978.
Is MULLIGAN still producing?
MULLIGAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MULLIGAN is August 2026.
How much has MULLIGAN produced?
MULLIGAN has reported 22,317 barrels of oil (bbl) to the Railroad Commission of Texas between February 2012 and August 2026, from 3 wellbores.
How much is MULLIGAN worth?
The remaining production from MULLIGAN is estimated to be worth about $586K in total as of 27 August 2026, within a range of $457K to $715K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MULLIGAN is a fraction of it. The estimate fits an Arps decline curve to the production MULLIGAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MULLIGAN is an estimate of value, not an offer and not an appraisal.
How much income does MULLIGAN generate in a year?
MULLIGAN is forecast to net about $132K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MULLIGAN receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MULLIGAN as filed with the Railroad Commission of Texas
OperatorDouble M Petroproperties, Inc.
FieldKeeler-Wimberly (Canyon SD.)
CountyFisher County, Texas
RRC district7B
Lease number30978
Wellbores3
Reported production22,317 bbl
First reported
Last reported
Estimated royalty value$586K

Where MULLIGAN 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.