DAY
DAY is a Texas oil lease in Lamb County, Railroad Commission district 8A, operated by M. E. Operating & Services, Inc. It has 3 wellbores on file with the Commission. Reported production runs from June 2016 to August 2026, totalling 52,164 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 $266K 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 369 barrels a month, about 123 per wellbore. Its strongest month on the record we hold was November 2017, at 873 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 DAY
- Who operates DAY?
- DAY is operated by M. E. Operating & Services, Inc., Railroad Commission of Texas operator number 518265.
- Where is DAY?
- DAY is a Texas oil lease in Lamb County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70493.
- Is DAY still producing?
- DAY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAY is August 2026.
- How much has DAY produced?
- DAY has reported 52,164 barrels of oil (bbl) to the Railroad Commission of Texas between June 2016 and August 2026, from 3 wellbores.
- How much is DAY worth?
- The remaining production from DAY is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $916K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAY is a fraction of it. The estimate fits an Arps decline curve to the production DAY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAY is an estimate of value, not an offer and not an appraisal.
- How much income does DAY generate in a year?
- DAY is forecast to net about $266K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DAY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | M. E. Operating & Services, Inc. |
|---|---|
| Field | Littlefield (San Andres) |
| County | Lamb County, Texas |
| RRC district | 8A |
| Lease number | 70493 |
| Wellbores | 3 |
| Reported production | 52,164 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where DAY 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.