MARALO 41-32 ALLOCATION 3203

MARALO 41-32 ALLOCATION 3203 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2016 to August 2026, totalling 311,053 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 $2.2M, with roughly $306K 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 157 barrels a month. Its strongest month on the record we hold was May 2016, at 18,575 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 MARALO 41-32 ALLOCATION 3203

Who operates MARALO 41-32 ALLOCATION 3203?: MARALO 41-32 ALLOCATION 3203 is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
Where is MARALO 41-32 ALLOCATION 3203?: MARALO 41-32 ALLOCATION 3203 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47537.
Is MARALO 41-32 ALLOCATION 3203 still producing?: MARALO 41-32 ALLOCATION 3203 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARALO 41-32 ALLOCATION 3203 is August 2026.
How much has MARALO 41-32 ALLOCATION 3203 produced?: MARALO 41-32 ALLOCATION 3203 has reported 311,053 barrels of oil (bbl) to the Railroad Commission of Texas between January 2016 and August 2026, from 1 wellbore.
How much is MARALO 41-32 ALLOCATION 3203 worth?: The remaining production from MARALO 41-32 ALLOCATION 3203 is estimated to be worth about $2.2M in total as of 27 August 2026, within a range of $1.7M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARALO 41-32 ALLOCATION 3203 is a fraction of it. The estimate fits an Arps decline curve to the production MARALO 41-32 ALLOCATION 3203 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARALO 41-32 ALLOCATION 3203 is an estimate of value, not an offer and not an appraisal.
How much income does MARALO 41-32 ALLOCATION 3203 generate in a year?: MARALO 41-32 ALLOCATION 3203 is forecast to net about $306K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MARALO 41-32 ALLOCATION 3203 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MARALO 41-32 ALLOCATION 3203 as filed with the Railroad Commission of Texas
Operator	Xto Energy Inc.
Field	Spraberry (Trend Area)
County	Midland County, Texas
RRC district	08
Lease number	47537
Wellbores	1
Reported production	311,053 bbl
First reported	January 2016
Last reported	August 2026
Estimated royalty value	$2.2M

Where MARALO 41-32 ALLOCATION 3203 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.