MT-DELREY #1
MT-DELREY #1 is a Texas oil lease in Harrison County, Railroad Commission district 06, operated by MT Energy LLC. It has 9 wellbores on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 11,723 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 $711K, with roughly $177K 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 283 barrels a month, about 31 per wellbore. Its strongest month on the record we hold was December 2023, at 428 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 MT-DELREY #1
- Who operates MT-DELREY #1?
- MT-DELREY #1 is operated by MT Energy LLC, Railroad Commission of Texas operator number 518947.
- Where is MT-DELREY #1?
- MT-DELREY #1 is a Texas oil lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15640.
- Is MT-DELREY #1 still producing?
- MT-DELREY #1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MT-DELREY #1 is August 2026.
- How much has MT-DELREY #1 produced?
- MT-DELREY #1 has reported 11,723 barrels of oil (bbl) to the Railroad Commission of Texas between September 2018 and August 2026, from 9 wellbores.
- How much is MT-DELREY #1 worth?
- The remaining production from MT-DELREY #1 is estimated to be worth about $711K in total as of 26 August 2026, within a range of $554K to $867K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MT-DELREY #1 is a fraction of it. The estimate fits an Arps decline curve to the production MT-DELREY #1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MT-DELREY #1 is an estimate of value, not an offer and not an appraisal.
- How much income does MT-DELREY #1 generate in a year?
- MT-DELREY #1 is forecast to net about $177K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MT-DELREY #1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | MT Energy LLC |
|---|---|
| Field | Longwood (Goodland Lime) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 15640 |
| Wellbores | 9 |
| Reported production | 11,723 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $711K |
Where MT-DELREY #1 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.