MAYE, PATSY

MAYE, PATSY is a Texas gas lease in Hutchinson County, Railroad Commission district 10, operated by Canadian Oil, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 171,973 thousand cubic feet. 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 $461, with roughly $58 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 2 thousand cubic feet a month. Its strongest month on the record we hold was June 2018, at 627 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 MAYE, PATSY

Who operates MAYE, PATSY?
MAYE, PATSY is operated by Canadian Oil, Inc., Railroad Commission of Texas operator number 128980.
Where is MAYE, PATSY?
MAYE, PATSY is a Texas gas lease in Hutchinson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 134225.
Is MAYE, PATSY still producing?
MAYE, PATSY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAYE, PATSY is August 2026.
How much has MAYE, PATSY produced?
MAYE, PATSY has reported 171,973 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is MAYE, PATSY worth?
The remaining production from MAYE, PATSY is estimated to be worth about $461 in total as of 26 August 2026, within a range of $0 to $922. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAYE, PATSY is a fraction of it. The estimate fits an Arps decline curve to the production MAYE, PATSY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAYE, PATSY is an estimate of value, not an offer and not an appraisal.
How much income does MAYE, PATSY generate in a year?
MAYE, PATSY is forecast to net about $58 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAYE, PATSY receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MAYE, PATSY as filed with the Railroad Commission of Texas
OperatorCanadian Oil, Inc.
FieldPanhandle, West
CountyHutchinson County, Texas
RRC district10
Lease number134225
Wellbores1
Reported production171,973 mcf
First reported
Last reported
Estimated royalty value$461

Where MAYE, PATSY 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.