MUGSY 1044
MUGSY 1044 is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Holmes Exploration, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2011 to August 2026, totalling 14,371 barrels. The lease is intermittent. 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 $351K, with roughly $46K 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 7 barrels a month. Its strongest month on the record we hold was December 2019, at 157 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 MUGSY 1044
- Who operates MUGSY 1044?
- MUGSY 1044 is operated by Holmes Exploration, LLC, Railroad Commission of Texas operator number 394700.
- Where is MUGSY 1044?
- MUGSY 1044 is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08562.
- Is MUGSY 1044 still producing?
- MUGSY 1044 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MUGSY 1044 is August 2026.
- How much has MUGSY 1044 produced?
- MUGSY 1044 has reported 14,371 barrels of oil (bbl) to the Railroad Commission of Texas between September 2011 and August 2026, from 1 wellbore.
- How much is MUGSY 1044 worth?
- The remaining production from MUGSY 1044 is estimated to be worth about $351K in total as of 27 August 2026, within a range of $0 to $701K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MUGSY 1044 is a fraction of it. The estimate fits an Arps decline curve to the production MUGSY 1044 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MUGSY 1044 is an estimate of value, not an offer and not an appraisal.
- How much income does MUGSY 1044 generate in a year?
- MUGSY 1044 is forecast to net about $46K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MUGSY 1044 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Holmes Exploration, LLC |
|---|---|
| Field | Lipscomb, S.E. (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 08562 |
| Wellbores | 1 |
| Reported production | 14,371 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $351K |
Where MUGSY 1044 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.