HARRIS
HARRIS is a Texas oil lease in Gray County, Railroad Commission district 10, operated by MK Operating Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 5,570 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 $144K, with roughly $20K 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 9 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was November 2023, at 81 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 HARRIS
- Who operates HARRIS?
- HARRIS is operated by MK Operating Co., Railroad Commission of Texas operator number 518485.
- Where is HARRIS?
- HARRIS is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 05651.
- Is HARRIS still producing?
- HARRIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARRIS is August 2026.
- How much has HARRIS produced?
- HARRIS has reported 5,570 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is HARRIS worth?
- The remaining production from HARRIS is estimated to be worth about $144K in total as of 26 August 2026, within a range of $0 to $288K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARRIS is a fraction of it. The estimate fits an Arps decline curve to the production HARRIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARRIS is an estimate of value, not an offer and not an appraisal.
- How much income does HARRIS generate in a year?
- HARRIS is forecast to net about $20K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HARRIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | MK Operating Co. |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 05651 |
| Wellbores | 2 |
| Reported production | 5,570 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $144K |
Where HARRIS 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.