VIRGIL MATHEWS
VIRGIL MATHEWS is a Texas oil lease in Hansford County, Railroad Commission district 10, operated by Strat Land Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from May 2011 to August 2026, totalling 138,951 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 $944K, with roughly $182K 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 245 barrels a month. Its strongest month on the record we hold was May 2016, at 730 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 VIRGIL MATHEWS
- Who operates VIRGIL MATHEWS?
- VIRGIL MATHEWS is operated by Strat Land Exploration Company, Railroad Commission of Texas operator number 825420.
- Where is VIRGIL MATHEWS?
- VIRGIL MATHEWS is a Texas oil lease in Hansford County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08524.
- Is VIRGIL MATHEWS still producing?
- VIRGIL MATHEWS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VIRGIL MATHEWS is August 2026.
- How much has VIRGIL MATHEWS produced?
- VIRGIL MATHEWS has reported 138,951 barrels of oil (bbl) to the Railroad Commission of Texas between May 2011 and August 2026, from 1 wellbore.
- How much is VIRGIL MATHEWS worth?
- The remaining production from VIRGIL MATHEWS is estimated to be worth about $944K in total as of 27 August 2026, within a range of $737K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VIRGIL MATHEWS is a fraction of it. The estimate fits an Arps decline curve to the production VIRGIL MATHEWS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VIRGIL MATHEWS is an estimate of value, not an offer and not an appraisal.
- How much income does VIRGIL MATHEWS generate in a year?
- VIRGIL MATHEWS is forecast to net about $182K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in VIRGIL MATHEWS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Strat Land Exploration Company |
|---|---|
| Field | Alpar (Hunton) |
| County | Hansford County, Texas |
| RRC district | 10 |
| Lease number | 08524 |
| Wellbores | 1 |
| Reported production | 138,951 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $944K |
Where VIRGIL MATHEWS 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.