JOE MAHAN UNIT A

JOE MAHAN UNIT A is a Texas oil lease in Live Oak County, Railroad Commission district 02, operated by Burlington Resources O & G Co LP. It has 2 wellbores on file with the Commission. Reported production runs from August 2011 to August 2026, totalling 547,311 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 $632K, with roughly $242K 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 411 barrels a month, about 205 per wellbore. Its strongest month on the record we hold was May 2016, at 4,308 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 JOE MAHAN UNIT A

Who operates JOE MAHAN UNIT A?
JOE MAHAN UNIT A is operated by Burlington Resources O & G Co LP, Railroad Commission of Texas operator number 109333.
Where is JOE MAHAN UNIT A?
JOE MAHAN UNIT A is a Texas oil lease in Live Oak County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 09740.
Is JOE MAHAN UNIT A still producing?
JOE MAHAN UNIT A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOE MAHAN UNIT A is August 2026.
How much has JOE MAHAN UNIT A produced?
JOE MAHAN UNIT A has reported 547,311 barrels of oil (bbl) to the Railroad Commission of Texas between August 2011 and August 2026, from 2 wellbores.
How much is JOE MAHAN UNIT A worth?
The remaining production from JOE MAHAN UNIT A is estimated to be worth about $632K in total as of 27 August 2026, within a range of $493K to $772K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOE MAHAN UNIT A is a fraction of it. The estimate fits an Arps decline curve to the production JOE MAHAN UNIT A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOE MAHAN UNIT A is an estimate of value, not an offer and not an appraisal.
How much income does JOE MAHAN UNIT A generate in a year?
JOE MAHAN UNIT A is forecast to net about $242K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JOE MAHAN UNIT A receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

JOE MAHAN UNIT A as filed with the Railroad Commission of Texas
OperatorBurlington Resources O & G Co LP
FieldEagleville (Eagle Ford-2)
CountyLive Oak County, Texas
RRC district02
Lease number09740
Wellbores2
Reported production547,311 bbl
First reported
Last reported
Estimated royalty value$632K

Where JOE MAHAN UNIT 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.