MASTERSON ESTATE
MASTERSON ESTATE is a Texas oil lease in Moore County, Railroad Commission district 10, operated by Beren Corporation. It has 22 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 62,544 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 $926K, with roughly $169K 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 229 barrels a month, about 10 per wellbore. Its strongest month on the record we hold was August 2025, at 640 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 ESTATE
- Who operates MASTERSON ESTATE?
- MASTERSON ESTATE is operated by Beren Corporation, Railroad Commission of Texas operator number 066750.
- Where is MASTERSON ESTATE?
- MASTERSON ESTATE is a Texas oil lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 01698.
- Is MASTERSON ESTATE still producing?
- MASTERSON ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MASTERSON ESTATE is August 2026.
- How much has MASTERSON ESTATE produced?
- MASTERSON ESTATE has reported 62,544 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 22 wellbores.
- How much is MASTERSON ESTATE worth?
- The remaining production from MASTERSON ESTATE is estimated to be worth about $926K in total as of 26 August 2026, within a range of $722K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MASTERSON ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production MASTERSON ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MASTERSON ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does MASTERSON ESTATE generate in a year?
- MASTERSON ESTATE is forecast to net about $169K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MASTERSON ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Beren Corporation |
|---|---|
| Field | Panhandle Moore County Field |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 01698 |
| Wellbores | 22 |
| Reported production | 62,544 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $926K |
Where MASTERSON ESTATE 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.