MEXCO STEELHEAD
MEXCO STEELHEAD is a Texas gas lease in Loving County, Railroad Commission district 08, operated by Mexco Energy Corporation. It has 1 wellbore on file with the Commission. Reported production runs from April 2008 to August 2026, totalling 524,605 thousand cubic feet. 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 $3K, with roughly $2K 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 288 thousand cubic feet a month. Its strongest month on the record we hold was August 2018, at 5,004 thousand cubic feet. 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 MEXCO STEELHEAD
- Who operates MEXCO STEELHEAD?
- MEXCO STEELHEAD is operated by Mexco Energy Corporation, Railroad Commission of Texas operator number 562563.
- Where is MEXCO STEELHEAD?
- MEXCO STEELHEAD is a Texas gas lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 245912.
- Is MEXCO STEELHEAD still producing?
- MEXCO STEELHEAD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MEXCO STEELHEAD is August 2026.
- How much has MEXCO STEELHEAD produced?
- MEXCO STEELHEAD has reported 524,605 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2008 and August 2026, from 1 wellbore.
- How much is MEXCO STEELHEAD worth?
- The remaining production from MEXCO STEELHEAD is estimated to be worth about $3K in total as of 27 August 2026, within a range of $2K to $3K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MEXCO STEELHEAD is a fraction of it. The estimate fits an Arps decline curve to the production MEXCO STEELHEAD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MEXCO STEELHEAD is an estimate of value, not an offer and not an appraisal.
- How much income does MEXCO STEELHEAD generate in a year?
- MEXCO STEELHEAD is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MEXCO STEELHEAD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mexco Energy Corporation |
|---|---|
| Field | Vermejo (Delaware) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 245912 |
| Wellbores | 1 |
| Reported production | 524,605 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where MEXCO STEELHEAD 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.