TEAGUE
TEAGUE is a Texas oil lease in Fisher County, Railroad Commission district 7B, operated by Double M Petroproperties, Inc. It has 2 wellbores on file with the Commission. Reported production runs from February 2009 to August 2026, totalling 3,002 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 $55K, with roughly $11K 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 21 barrels a month, about 10 per wellbore. Its strongest month on the record we hold was October 2024, at 128 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 TEAGUE
- Who operates TEAGUE?
- TEAGUE is operated by Double M Petroproperties, Inc., Railroad Commission of Texas operator number 224867.
- Where is TEAGUE?
- TEAGUE is a Texas oil lease in Fisher County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 30321.
- Is TEAGUE still producing?
- TEAGUE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEAGUE is August 2026.
- How much has TEAGUE produced?
- TEAGUE has reported 3,002 barrels of oil (bbl) to the Railroad Commission of Texas between February 2009 and August 2026, from 2 wellbores.
- How much is TEAGUE worth?
- The remaining production from TEAGUE is estimated to be worth about $55K in total as of 27 August 2026, within a range of $30K to $80K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEAGUE is a fraction of it. The estimate fits an Arps decline curve to the production TEAGUE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEAGUE is an estimate of value, not an offer and not an appraisal.
- How much income does TEAGUE generate in a year?
- TEAGUE is forecast to net about $11K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TEAGUE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Double M Petroproperties, Inc. |
|---|---|
| Field | Keeler-Wimberly (Canyon SD.) |
| County | Fisher County, Texas |
| RRC district | 7B |
| Lease number | 30321 |
| Wellbores | 2 |
| Reported production | 3,002 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $55K |
Where TEAGUE 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.