MASSEY
MASSEY is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Partee Drilling Inc. It has 3 wellbores on file with the Commission. Reported production runs from December 1996 to August 2026, totalling 16,809 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 $21K, with roughly $4K 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 5 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was May 2016, at 89 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 MASSEY
- Who operates MASSEY?
- MASSEY is operated by Partee Drilling Inc., Railroad Commission of Texas operator number 642702.
- Where is MASSEY?
- MASSEY is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 35230.
- Is MASSEY still producing?
- MASSEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MASSEY is August 2026.
- How much has MASSEY produced?
- MASSEY has reported 16,809 barrels of oil (bbl) to the Railroad Commission of Texas between December 1996 and August 2026, from 3 wellbores.
- How much is MASSEY worth?
- The remaining production from MASSEY is estimated to be worth about $21K in total as of 27 August 2026, within a range of $0 to $41K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MASSEY is a fraction of it. The estimate fits an Arps decline curve to the production MASSEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MASSEY is an estimate of value, not an offer and not an appraisal.
- How much income does MASSEY generate in a year?
- MASSEY is forecast to net about $4K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MASSEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Partee Drilling Inc. |
|---|---|
| Field | Westbrook |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 35230 |
| Wellbores | 3 |
| Reported production | 16,809 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $21K |
Where MASSEY 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.