MAYO SN 48-37 06
MAYO SN 48-37 06 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Energen Resources Corporation. It has 2 wellbores on file with the Commission. Reported production runs from July 2018 to August 2026, totalling 550,309 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 $3.3M, with roughly $1.0M 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 1,142 barrels a month, about 571 per wellbore. Its strongest month on the record we hold was August 2018, at 33,064 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 MAYO SN 48-37 06
- Who operates MAYO SN 48-37 06?
- MAYO SN 48-37 06 is operated by Energen Resources Corporation, Railroad Commission of Texas operator number 252002.
- Where is MAYO SN 48-37 06?
- MAYO SN 48-37 06 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50908.
- Is MAYO SN 48-37 06 still producing?
- MAYO SN 48-37 06 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAYO SN 48-37 06 is August 2026.
- How much has MAYO SN 48-37 06 produced?
- MAYO SN 48-37 06 has reported 550,309 barrels of oil (bbl) to the Railroad Commission of Texas between July 2018 and August 2026, from 2 wellbores.
- How much is MAYO SN 48-37 06 worth?
- The remaining production from MAYO SN 48-37 06 is estimated to be worth about $3.3M in total as of 27 August 2026, within a range of $2.7M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAYO SN 48-37 06 is a fraction of it. The estimate fits an Arps decline curve to the production MAYO SN 48-37 06 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAYO SN 48-37 06 is an estimate of value, not an offer and not an appraisal.
- How much income does MAYO SN 48-37 06 generate in a year?
- MAYO SN 48-37 06 is forecast to net about $1.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MAYO SN 48-37 06 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Energen Resources Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 50908 |
| Wellbores | 2 |
| Reported production | 550,309 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where MAYO SN 48-37 06 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.