MAYER
MAYER is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by Marathon Oil Company. It has 12 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 111,240 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 $451K, with roughly $75K 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 73 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was September 2020, at 221 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 MAYER
- Who operates MAYER?
- MAYER is operated by Marathon Oil Company, Railroad Commission of Texas operator number 525380.
- Where is MAYER?
- MAYER is a Texas oil lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 11248.
- Is MAYER still producing?
- MAYER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAYER is August 2026.
- How much has MAYER produced?
- MAYER has reported 111,240 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 12 wellbores.
- How much is MAYER worth?
- The remaining production from MAYER is estimated to be worth about $451K in total as of 26 August 2026, within a range of $248K to $654K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAYER is a fraction of it. The estimate fits an Arps decline curve to the production MAYER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAYER is an estimate of value, not an offer and not an appraisal.
- How much income does MAYER generate in a year?
- MAYER is forecast to net about $75K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAYER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marathon Oil Company |
|---|---|
| Field | Arden, S. (Canyon SD.) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 11248 |
| Wellbores | 12 |
| Reported production | 111,240 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $451K |
Where MAYER 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.