RIVERS, M. L.
RIVERS, M. L. is a Texas gas lease in Nueces County, Railroad Commission district 04, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from May 2008 to August 2026, totalling 868,461 thousand cubic feet. 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 $391K, with roughly $59K 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 2,656 thousand cubic feet a month. Its strongest month on the record we hold was April 2020, at 8,383 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 RIVERS, M. L.
- Who operates RIVERS, M. L.?
- RIVERS, M. L. is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is RIVERS, M. L.?
- RIVERS, M. L. is a Texas gas lease in Nueces County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 248483.
- Is RIVERS, M. L. still producing?
- RIVERS, M. L. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RIVERS, M. L. is August 2026.
- How much has RIVERS, M. L. produced?
- RIVERS, M. L. has reported 868,461 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2008 and August 2026, from 1 wellbore.
- How much is RIVERS, M. L. worth?
- The remaining production from RIVERS, M. L. is estimated to be worth about $391K in total as of 27 August 2026, within a range of $324K to $457K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RIVERS, M. L. is a fraction of it. The estimate fits an Arps decline curve to the production RIVERS, M. L. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RIVERS, M. L. is an estimate of value, not an offer and not an appraisal.
- How much income does RIVERS, M. L. generate in a year?
- RIVERS, M. L. is forecast to net about $59K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RIVERS, M. L. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Agua Dulce (Consolidated Frio) |
| County | Nueces County, Texas |
| RRC district | 04 |
| Lease number | 248483 |
| Wellbores | 1 |
| Reported production | 868,461 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $391K |
Where RIVERS, M. L. 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.