MAYSE 26
MAYSE 26 is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by Cog Operating LLC. It has 3 wellbores on file with the Commission. Reported production runs from July 2013 to August 2026, totalling 25,653 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 $1.2M, with roughly $342K 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 252 barrels a month, about 84 per wellbore. Its strongest month on the record we hold was September 2023, at 967 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 MAYSE 26
- Who operates MAYSE 26?
- MAYSE 26 is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is MAYSE 26?
- MAYSE 26 is a Texas oil lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18308.
- Is MAYSE 26 still producing?
- MAYSE 26 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAYSE 26 is August 2026.
- How much has MAYSE 26 produced?
- MAYSE 26 has reported 25,653 barrels of oil (bbl) to the Railroad Commission of Texas between July 2013 and August 2026, from 3 wellbores.
- How much is MAYSE 26 worth?
- The remaining production from MAYSE 26 is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $959K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAYSE 26 is a fraction of it. The estimate fits an Arps decline curve to the production MAYSE 26 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAYSE 26 is an estimate of value, not an offer and not an appraisal.
- How much income does MAYSE 26 generate in a year?
- MAYSE 26 is forecast to net about $342K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MAYSE 26 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 18308 |
| Wellbores | 3 |
| Reported production | 25,653 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where MAYSE 26 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.