EOFF, ODELL ET AL
EOFF, ODELL ET AL is a Texas oil lease in Jones County, Railroad Commission district 7B, operated by M-Tex Resources, Inc. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 45,970 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 $222K, 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 76 barrels a month, about 13 per wellbore. Its strongest month on the record we hold was July 2020, at 430 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 EOFF, ODELL ET AL
- Who operates EOFF, ODELL ET AL?
- EOFF, ODELL ET AL is operated by M-Tex Resources, Inc., Railroad Commission of Texas operator number 518935.
- Where is EOFF, ODELL ET AL?
- EOFF, ODELL ET AL is a Texas oil lease in Jones County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 02655.
- Is EOFF, ODELL ET AL still producing?
- EOFF, ODELL ET AL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EOFF, ODELL ET AL is August 2026.
- How much has EOFF, ODELL ET AL produced?
- EOFF, ODELL ET AL has reported 45,970 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is EOFF, ODELL ET AL worth?
- The remaining production from EOFF, ODELL ET AL is estimated to be worth about $222K in total as of 27 August 2026, within a range of $122K to $322K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EOFF, ODELL ET AL is a fraction of it. The estimate fits an Arps decline curve to the production EOFF, ODELL ET AL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EOFF, ODELL ET AL is an estimate of value, not an offer and not an appraisal.
- How much income does EOFF, ODELL ET AL generate in a year?
- EOFF, ODELL ET AL is forecast to net about $43K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EOFF, ODELL ET AL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | M-Tex Resources, Inc. |
|---|---|
| Field | Noodle-Central |
| County | Jones County, Texas |
| RRC district | 7B |
| Lease number | 02655 |
| Wellbores | 6 |
| Reported production | 45,970 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $222K |
Where EOFF, ODELL ET AL 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.