MASTERSON B
MASTERSON B is a Texas oil lease in Moore County, Railroad Commission district 10, operated by Beren Corporation. It has 4 wellbores on file with the Commission. Reported production runs from April 1997 to August 2026, totalling 87,112 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 $287K, with roughly $50K 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 91 barrels a month, about 23 per wellbore. Its strongest month on the record we hold was January 2021, at 663 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 MASTERSON B
- Who operates MASTERSON B?
- MASTERSON B is operated by Beren Corporation, Railroad Commission of Texas operator number 066750.
- Where is MASTERSON B?
- MASTERSON B is a Texas oil lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 07183.
- Is MASTERSON B still producing?
- MASTERSON B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MASTERSON B is August 2026.
- How much has MASTERSON B produced?
- MASTERSON B has reported 87,112 barrels of oil (bbl) to the Railroad Commission of Texas between April 1997 and August 2026, from 4 wellbores.
- How much is MASTERSON B worth?
- The remaining production from MASTERSON B is estimated to be worth about $287K in total as of 27 August 2026, within a range of $158K to $416K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MASTERSON B is a fraction of it. The estimate fits an Arps decline curve to the production MASTERSON B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MASTERSON B is an estimate of value, not an offer and not an appraisal.
- How much income does MASTERSON B generate in a year?
- MASTERSON B is forecast to net about $50K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MASTERSON B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Beren Corporation |
|---|---|
| Field | Panhandle (Red Cave) |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 07183 |
| Wellbores | 4 |
| Reported production | 87,112 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $287K |
Where MASTERSON B 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.