SKAGGS, LEWIS
SKAGGS, LEWIS is a Texas oil lease in Jack County, Railroad Commission district 09, operated by MHM Oil Co. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 118,329 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 $269K, with roughly $52K 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 95 barrels a month, about 24 per wellbore. Its strongest month on the record we hold was May 2018, at 488 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 SKAGGS, LEWIS
- Who operates SKAGGS, LEWIS?
- SKAGGS, LEWIS is operated by MHM Oil Co., Railroad Commission of Texas operator number 563357.
- Where is SKAGGS, LEWIS?
- SKAGGS, LEWIS is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 23244.
- Is SKAGGS, LEWIS still producing?
- SKAGGS, LEWIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SKAGGS, LEWIS is August 2026.
- How much has SKAGGS, LEWIS produced?
- SKAGGS, LEWIS has reported 118,329 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is SKAGGS, LEWIS worth?
- The remaining production from SKAGGS, LEWIS is estimated to be worth about $269K in total as of 26 August 2026, within a range of $148K to $391K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SKAGGS, LEWIS is a fraction of it. The estimate fits an Arps decline curve to the production SKAGGS, LEWIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SKAGGS, LEWIS is an estimate of value, not an offer and not an appraisal.
- How much income does SKAGGS, LEWIS generate in a year?
- SKAGGS, LEWIS is forecast to net about $52K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SKAGGS, LEWIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | MHM Oil Co. |
|---|---|
| Field | Crooked Creek (Weir) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 23244 |
| Wellbores | 4 |
| Reported production | 118,329 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $269K |
Where SKAGGS, LEWIS 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.