MEHAFFEY, L.C. S
MEHAFFEY, L.C. S is a Texas oil lease in Milam County, Railroad Commission district 01, operated by Heartland Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 9,075 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 $5K, with roughly $942 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 1 barrels a month. Its strongest month on the record we hold was May 2020, at 32 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 MEHAFFEY, L.C. S
- Who operates MEHAFFEY, L.C. S?
- MEHAFFEY, L.C. S is operated by Heartland Resources, Inc., Railroad Commission of Texas operator number 370457.
- Where is MEHAFFEY, L.C. S?
- MEHAFFEY, L.C. S is a Texas oil lease in Milam County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 12164.
- Is MEHAFFEY, L.C. S still producing?
- MEHAFFEY, L.C. S is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MEHAFFEY, L.C. S is August 2026.
- How much has MEHAFFEY, L.C. S produced?
- MEHAFFEY, L.C. S has reported 9,075 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MEHAFFEY, L.C. S worth?
- The remaining production from MEHAFFEY, L.C. S is estimated to be worth about $5K in total as of 27 August 2026, within a range of $0 to $10K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MEHAFFEY, L.C. S is a fraction of it. The estimate fits an Arps decline curve to the production MEHAFFEY, L.C. S has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MEHAFFEY, L.C. S is an estimate of value, not an offer and not an appraisal.
- How much income does MEHAFFEY, L.C. S generate in a year?
- MEHAFFEY, L.C. S is forecast to net about $942 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MEHAFFEY, L.C. S receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Heartland Resources, Inc. |
|---|---|
| Field | Ginny Johnson (Navarro A) |
| County | Milam County, Texas |
| RRC district | 01 |
| Lease number | 12164 |
| Wellbores | 1 |
| Reported production | 9,075 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5K |
Where MEHAFFEY, L.C. S 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.