MAKE BELIEVE
MAKE BELIEVE is a Texas oil lease in Hemphill County, Railroad Commission district 10, operated by Range Production Company. It has 3 wellbores on file with the Commission. Reported production runs from March 2008 to August 2026, totalling 7,157 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 $252K, with roughly $40K 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 22 barrels a month, about 7 per wellbore. Its strongest month on the record we hold was March 2017, at 256 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 MAKE BELIEVE
- Who operates MAKE BELIEVE?
- MAKE BELIEVE is operated by Range Production Company, Railroad Commission of Texas operator number 691703.
- Where is MAKE BELIEVE?
- MAKE BELIEVE is a Texas oil lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 07934.
- Is MAKE BELIEVE still producing?
- MAKE BELIEVE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAKE BELIEVE is August 2026.
- How much has MAKE BELIEVE produced?
- MAKE BELIEVE has reported 7,157 barrels of oil (bbl) to the Railroad Commission of Texas between March 2008 and August 2026, from 3 wellbores.
- How much is MAKE BELIEVE worth?
- The remaining production from MAKE BELIEVE is estimated to be worth about $252K in total as of 26 August 2026, within a range of $138K to $365K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAKE BELIEVE is a fraction of it. The estimate fits an Arps decline curve to the production MAKE BELIEVE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAKE BELIEVE is an estimate of value, not an offer and not an appraisal.
- How much income does MAKE BELIEVE generate in a year?
- MAKE BELIEVE is forecast to net about $40K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAKE BELIEVE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Range Production Company |
|---|---|
| Field | Shreikey (Granite Wash) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 07934 |
| Wellbores | 3 |
| Reported production | 7,157 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $252K |
Where MAKE BELIEVE 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.