MATHERS RANCH 1518
MATHERS RANCH 1518 is a Texas oil lease in Hemphill County, Railroad Commission district 10, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from December 2012 to August 2026, totalling 33,328 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 $925K, with roughly $133K 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 64 barrels a month. Its strongest month on the record we hold was November 2016, at 369 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 MATHERS RANCH 1518
- Who operates MATHERS RANCH 1518?
- MATHERS RANCH 1518 is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is MATHERS RANCH 1518?
- MATHERS RANCH 1518 is a Texas oil lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08948.
- Is MATHERS RANCH 1518 still producing?
- MATHERS RANCH 1518 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MATHERS RANCH 1518 is August 2026.
- How much has MATHERS RANCH 1518 produced?
- MATHERS RANCH 1518 has reported 33,328 barrels of oil (bbl) to the Railroad Commission of Texas between December 2012 and August 2026, from 1 wellbore.
- How much is MATHERS RANCH 1518 worth?
- The remaining production from MATHERS RANCH 1518 is estimated to be worth about $925K in total as of 27 August 2026, within a range of $509K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MATHERS RANCH 1518 is a fraction of it. The estimate fits an Arps decline curve to the production MATHERS RANCH 1518 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MATHERS RANCH 1518 is an estimate of value, not an offer and not an appraisal.
- How much income does MATHERS RANCH 1518 generate in a year?
- MATHERS RANCH 1518 is forecast to net about $133K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MATHERS RANCH 1518 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Mathers Ranch (Tonkawa) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 08948 |
| Wellbores | 1 |
| Reported production | 33,328 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $925K |
Where MATHERS RANCH 1518 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.