MAXEY ESTATE
MAXEY ESTATE is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Moller, Herbert T. It has 16 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 35,355 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 $226K, with roughly $43K 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 62 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was April 2024, at 119 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 MAXEY ESTATE
- Who operates MAXEY ESTATE?
- MAXEY ESTATE is operated by Moller, Herbert T., Railroad Commission of Texas operator number 574200.
- Where is MAXEY ESTATE?
- MAXEY ESTATE is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 12443.
- Is MAXEY ESTATE still producing?
- MAXEY ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAXEY ESTATE is August 2026.
- How much has MAXEY ESTATE produced?
- MAXEY ESTATE has reported 35,355 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 16 wellbores.
- How much is MAXEY ESTATE worth?
- The remaining production from MAXEY ESTATE is estimated to be worth about $226K in total as of 26 August 2026, within a range of $124K to $328K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAXEY ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production MAXEY ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAXEY ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does MAXEY ESTATE generate in a year?
- MAXEY ESTATE is forecast to net about $43K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAXEY ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Moller, Herbert T. |
|---|---|
| Field | Jack County Regular |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 12443 |
| Wellbores | 16 |
| Reported production | 35,355 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $226K |
Where MAXEY ESTATE 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.