MOJO (ALLOCATION)
MOJO (ALLOCATION) is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Woodbine Acquisition LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2014 to August 2026, totalling 186,299 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 $371K, with roughly $69K 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 91 barrels a month. Its strongest month on the record we hold was June 2016, at 1,457 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 MOJO (ALLOCATION)
- Who operates MOJO (ALLOCATION)?
- MOJO (ALLOCATION) is operated by Woodbine Acquisition LLC, Railroad Commission of Texas operator number 937857.
- Where is MOJO (ALLOCATION)?
- MOJO (ALLOCATION) is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27009.
- Is MOJO (ALLOCATION) still producing?
- MOJO (ALLOCATION) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MOJO (ALLOCATION) is August 2026.
- How much has MOJO (ALLOCATION) produced?
- MOJO (ALLOCATION) has reported 186,299 barrels of oil (bbl) to the Railroad Commission of Texas between March 2014 and August 2026, from 1 wellbore.
- How much is MOJO (ALLOCATION) worth?
- The remaining production from MOJO (ALLOCATION) is estimated to be worth about $371K in total as of 26 August 2026, within a range of $204K to $538K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MOJO (ALLOCATION) is a fraction of it. The estimate fits an Arps decline curve to the production MOJO (ALLOCATION) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MOJO (ALLOCATION) is an estimate of value, not an offer and not an appraisal.
- How much income does MOJO (ALLOCATION) generate in a year?
- MOJO (ALLOCATION) is forecast to net about $69K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MOJO (ALLOCATION) receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Woodbine Acquisition LLC |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 27009 |
| Wellbores | 1 |
| Reported production | 186,299 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $371K |
Where MOJO (ALLOCATION) 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.