LONIE MAE A
LONIE MAE A is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Ironroc Energy. It has 1 wellbore on file with the Commission. Reported production runs from December 2022 to August 2026, totalling 267,571 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 $4.4M, with roughly $1.4M 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 2,249 barrels a month. Its strongest month on the record we hold was January 2023, at 30,807 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 LONIE MAE A
- Who operates LONIE MAE A?
- LONIE MAE A is operated by Ironroc Energy, Railroad Commission of Texas operator number 426612.
- Where is LONIE MAE A?
- LONIE MAE A is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 28022.
- Is LONIE MAE A still producing?
- LONIE MAE A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LONIE MAE A is August 2026.
- How much has LONIE MAE A produced?
- LONIE MAE A has reported 267,571 barrels of oil (bbl) to the Railroad Commission of Texas between December 2022 and August 2026, from 1 wellbore.
- How much is LONIE MAE A worth?
- The remaining production from LONIE MAE A is estimated to be worth about $4.4M in total as of 26 August 2026, within a range of $3.7M to $5.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LONIE MAE A is a fraction of it. The estimate fits an Arps decline curve to the production LONIE MAE A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LONIE MAE A is an estimate of value, not an offer and not an appraisal.
- How much income does LONIE MAE A generate in a year?
- LONIE MAE A is forecast to net about $1.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LONIE MAE A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ironroc Energy |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 28022 |
| Wellbores | 1 |
| Reported production | 267,571 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.4M |
Where LONIE MAE A 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.