MAYO, S. E.
MAYO, S. E. is a Texas oil lease in Gaines County, Railroad Commission district 08, operated by Caprock Operating, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 47,834 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 $121K, with roughly $23K 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 29 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was January 2020, at 100 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 MAYO, S. E.
- Who operates MAYO, S. E.?
- MAYO, S. E. is operated by Caprock Operating, Inc., Railroad Commission of Texas operator number 130482.
- Where is MAYO, S. E.?
- MAYO, S. E. is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 28928.
- Is MAYO, S. E. still producing?
- MAYO, S. E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAYO, S. E. is August 2026.
- How much has MAYO, S. E. produced?
- MAYO, S. E. has reported 47,834 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is MAYO, S. E. worth?
- The remaining production from MAYO, S. E. is estimated to be worth about $121K in total as of 27 August 2026, within a range of $67K to $176K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAYO, S. E. is a fraction of it. The estimate fits an Arps decline curve to the production MAYO, S. E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAYO, S. E. is an estimate of value, not an offer and not an appraisal.
- How much income does MAYO, S. E. generate in a year?
- MAYO, S. E. is forecast to net about $23K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MAYO, S. E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Caprock Operating, Inc. |
|---|---|
| Field | Means, N. (Queen Sand) |
| County | Gaines County, Texas |
| RRC district | 08 |
| Lease number | 28928 |
| Wellbores | 2 |
| Reported production | 47,834 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $121K |
Where MAYO, S. E. 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.