PETERS, M. C. & E. E.

PETERS, M. C. & E. E. is a Texas oil lease in Frio County, Railroad Commission district 01, operated by Mina Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 23,377 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 $307K, with roughly $59K 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 69 barrels a month. Its strongest month on the record we hold was October 2022, at 115 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 PETERS, M. C. & E. E.

Who operates PETERS, M. C. & E. E.?: PETERS, M. C. & E. E. is operated by Mina Energy, Inc., Railroad Commission of Texas operator number 569545.
Where is PETERS, M. C. & E. E.?: PETERS, M. C. & E. E. is a Texas oil lease in Frio County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 01700.
Is PETERS, M. C. & E. E. still producing?: PETERS, M. C. & E. E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PETERS, M. C. & E. E. is August 2026.
How much has PETERS, M. C. & E. E. produced?: PETERS, M. C. & E. E. has reported 23,377 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is PETERS, M. C. & E. E. worth?: The remaining production from PETERS, M. C. & E. E. is estimated to be worth about $307K in total as of 27 August 2026, within a range of $169K to $445K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PETERS, M. C. & E. E. is a fraction of it. The estimate fits an Arps decline curve to the production PETERS, M. C. & E. E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PETERS, M. C. & E. E. is an estimate of value, not an offer and not an appraisal.
How much income does PETERS, M. C. & E. E. generate in a year?: PETERS, M. C. & E. E. is forecast to net about $59K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PETERS, M. C. & E. E. receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

PETERS, M. C. & E. E. as filed with the Railroad Commission of Texas
Operator	Mina Energy, Inc.
Field	Stacy (Olmos -A-)
County	Frio County, Texas
RRC district	01
Lease number	01700
Wellbores	1
Reported production	23,377 bbl
First reported	January 1993
Last reported	August 2026
Estimated royalty value	$307K

Where PETERS, M. C. & E. E. sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.