PRELLOP
PRELLOP is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Mariah Energy Corp. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 121,371 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 $405K, with roughly $76K 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 98 barrels a month, about 49 per wellbore. Its strongest month on the record we hold was September 2021, at 233 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 PRELLOP
- Who operates PRELLOP?
- PRELLOP is operated by Mariah Energy Corp., Railroad Commission of Texas operator number 525990.
- Where is PRELLOP?
- PRELLOP is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 13496.
- Is PRELLOP still producing?
- PRELLOP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRELLOP is August 2026.
- How much has PRELLOP produced?
- PRELLOP has reported 121,371 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is PRELLOP worth?
- The remaining production from PRELLOP is estimated to be worth about $405K in total as of 26 August 2026, within a range of $223K to $587K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRELLOP is a fraction of it. The estimate fits an Arps decline curve to the production PRELLOP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRELLOP is an estimate of value, not an offer and not an appraisal.
- How much income does PRELLOP generate in a year?
- PRELLOP is forecast to net about $76K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PRELLOP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mariah Energy Corp. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 13496 |
| Wellbores | 2 |
| Reported production | 121,371 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $405K |
Where PRELLOP 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.