MELVA UNIT
MELVA UNIT is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Eog Resources, Inc. It has 2 wellbores on file with the Commission. Reported production runs from December 2012 to August 2026, totalling 88,279 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 $627K, with roughly $84K 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 12 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was May 2016, at 425 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 MELVA UNIT
- Who operates MELVA UNIT?
- MELVA UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is MELVA UNIT?
- MELVA UNIT is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33257.
- Is MELVA UNIT still producing?
- MELVA UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MELVA UNIT is August 2026.
- How much has MELVA UNIT produced?
- MELVA UNIT has reported 88,279 barrels of oil (bbl) to the Railroad Commission of Texas between December 2012 and August 2026, from 2 wellbores.
- How much is MELVA UNIT worth?
- The remaining production from MELVA UNIT is estimated to be worth about $627K in total as of 26 August 2026, within a range of $345K to $909K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MELVA UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MELVA UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MELVA UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MELVA UNIT generate in a year?
- MELVA UNIT is forecast to net about $84K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MELVA UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 33257 |
| Wellbores | 2 |
| Reported production | 88,279 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $627K |
Where MELVA 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.