MUSTANG
MUSTANG is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Silver Creek Oil & Gas, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2014 to August 2026, totalling 22,849 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 $241K, with roughly $46K 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 60 barrels a month. Its strongest month on the record we hold was June 2016, at 529 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 MUSTANG
- Who operates MUSTANG?
- MUSTANG is operated by Silver Creek Oil & Gas, LLC, Railroad Commission of Texas operator number 781909.
- Where is MUSTANG?
- MUSTANG is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33067.
- Is MUSTANG still producing?
- MUSTANG is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MUSTANG is August 2026.
- How much has MUSTANG produced?
- MUSTANG has reported 22,849 barrels of oil (bbl) to the Railroad Commission of Texas between July 2014 and August 2026, from 1 wellbore.
- How much is MUSTANG worth?
- The remaining production from MUSTANG is estimated to be worth about $241K in total as of 26 August 2026, within a range of $132K to $349K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MUSTANG is a fraction of it. The estimate fits an Arps decline curve to the production MUSTANG has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MUSTANG is an estimate of value, not an offer and not an appraisal.
- How much income does MUSTANG generate in a year?
- MUSTANG is forecast to net about $46K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MUSTANG receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Silver Creek Oil & Gas, LLC |
|---|---|
| Field | Dorchester (Davis Sand) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 33067 |
| Wellbores | 1 |
| Reported production | 22,849 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $241K |
Where MUSTANG 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.