TEAL E
TEAL E is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Murphy Expl. & Prod. Co. - USA. It has 3 wellbores on file with the Commission. Reported production runs from January 2015 to August 2026, totalling 442,653 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 $1.8M, with roughly $406K 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 661 barrels a month, about 220 per wellbore. Its strongest month on the record we hold was May 2016, at 9,691 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 TEAL E
- Who operates TEAL E?
- TEAL E is operated by Murphy Expl. & Prod. Co. - USA, Railroad Commission of Texas operator number 594675.
- Where is TEAL E?
- TEAL E is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18399.
- Is TEAL E still producing?
- TEAL E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEAL E is August 2026.
- How much has TEAL E produced?
- TEAL E has reported 442,653 barrels of oil (bbl) to the Railroad Commission of Texas between January 2015 and August 2026, from 3 wellbores.
- How much is TEAL E worth?
- The remaining production from TEAL E is estimated to be worth about $1.8M in total as of 26 August 2026, within a range of $1.4M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEAL E is a fraction of it. The estimate fits an Arps decline curve to the production TEAL E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEAL E is an estimate of value, not an offer and not an appraisal.
- How much income does TEAL E generate in a year?
- TEAL E is forecast to net about $406K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TEAL E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Murphy Expl. & Prod. Co. - USA |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 18399 |
| Wellbores | 3 |
| Reported production | 442,653 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where TEAL E 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.