M-K UNIT

M-K UNIT is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Felderhoff Production Company. It has 1 wellbore on file with the Commission. Reported production runs from June 1995 to August 2026, totalling 24,309 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 $9K, with roughly $2K 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 3 barrels a month. Its strongest month on the record we hold was November 2019, at 61 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 M-K UNIT

Who operates M-K UNIT?
M-K UNIT is operated by Felderhoff Production Company, Railroad Commission of Texas operator number 265140.
Where is M-K UNIT?
M-K UNIT is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 28985.
Is M-K UNIT still producing?
M-K UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for M-K UNIT is August 2026.
How much has M-K UNIT produced?
M-K UNIT has reported 24,309 barrels of oil (bbl) to the Railroad Commission of Texas between June 1995 and August 2026, from 1 wellbore.
How much is M-K UNIT worth?
The remaining production from M-K UNIT is estimated to be worth about $9K in total as of 26 August 2026, within a range of $0 to $18K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in M-K UNIT is a fraction of it. The estimate fits an Arps decline curve to the production M-K UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for M-K UNIT is an estimate of value, not an offer and not an appraisal.
How much income does M-K UNIT generate in a year?
M-K UNIT is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in M-K UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

M-K UNIT as filed with the Railroad Commission of Texas
OperatorFelderhoff Production Company
FieldSouthmayd, North (Baker-Viola)
CountyGrayson County, Texas
RRC district09
Lease number28985
Wellbores1
Reported production24,309 bbl
First reported
Last reported
Estimated royalty value$9K

Where M-K UNIT 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.