LOU, M. C.

LOU, M. C. is a Texas oil lease in Jones County, Railroad Commission district 7B, operated by Pardue Oil. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 91,369 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 $246K, with roughly $47K 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 87 barrels a month, about 29 per wellbore. Its strongest month on the record we hold was August 2021, at 316 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 LOU, M. C.

Who operates LOU, M. C.?
LOU, M. C. is operated by Pardue Oil, Railroad Commission of Texas operator number 639300.
Where is LOU, M. C.?
LOU, M. C. is a Texas oil lease in Jones County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 02325.
Is LOU, M. C. still producing?
LOU, M. C. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOU, M. C. is August 2026.
How much has LOU, M. C. produced?
LOU, M. C. has reported 91,369 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
How much is LOU, M. C. worth?
The remaining production from LOU, M. C. is estimated to be worth about $246K in total as of 27 August 2026, within a range of $135K to $357K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOU, M. C. is a fraction of it. The estimate fits an Arps decline curve to the production LOU, M. C. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOU, M. C. is an estimate of value, not an offer and not an appraisal.
How much income does LOU, M. C. generate in a year?
LOU, M. C. is forecast to net about $47K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LOU, M. C. receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

LOU, M. C. as filed with the Railroad Commission of Texas
OperatorPardue Oil
FieldJones County Regular
CountyJones County, Texas
RRC district7B
Lease number02325
Wellbores3
Reported production91,369 bbl
First reported
Last reported
Estimated royalty value$246K

Where LOU, M. C. 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.