MBA UNIT
MBA UNIT is a Texas oil lease in Milam County, Railroad Commission district 01, operated by Viceroy Petroleum, LP. It has 1 wellbore on file with the Commission. Reported production runs from September 2012 to August 2026, totalling 22,259 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 $255K, with roughly $49K 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 74 barrels a month. Its strongest month on the record we hold was October 2021, at 230 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 MBA UNIT
- Who operates MBA UNIT?
- MBA UNIT is operated by Viceroy Petroleum, LP, Railroad Commission of Texas operator number 885041.
- Where is MBA UNIT?
- MBA UNIT is a Texas oil lease in Milam County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 17335.
- Is MBA UNIT still producing?
- MBA UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MBA UNIT is August 2026.
- How much has MBA UNIT produced?
- MBA UNIT has reported 22,259 barrels of oil (bbl) to the Railroad Commission of Texas between September 2012 and August 2026, from 1 wellbore.
- How much is MBA UNIT worth?
- The remaining production from MBA UNIT is estimated to be worth about $255K in total as of 26 August 2026, within a range of $140K to $370K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MBA UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MBA UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MBA UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MBA UNIT generate in a year?
- MBA UNIT is forecast to net about $49K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MBA UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Viceroy Petroleum, LP |
|---|---|
| Field | Bulloh (Navarro) |
| County | Milam County, Texas |
| RRC district | 01 |
| Lease number | 17335 |
| Wellbores | 1 |
| Reported production | 22,259 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $255K |
Where MBA UNIT 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.