MD 16
MD 16 is a Texas oil lease in Oldham County, Railroad Commission district 10, operated by Arrow Oil & Gas, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2018 to August 2026, totalling 3,280 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 $162K, with roughly $31K 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 51 barrels a month. Its strongest month on the record we hold was September 2018, at 379 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 MD 16
- Who operates MD 16?
- MD 16 is operated by Arrow Oil & Gas, LLC, Railroad Commission of Texas operator number 033228.
- Where is MD 16?
- MD 16 is a Texas oil lease in Oldham County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09643.
- Is MD 16 still producing?
- MD 16 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MD 16 is August 2026.
- How much has MD 16 produced?
- MD 16 has reported 3,280 barrels of oil (bbl) to the Railroad Commission of Texas between August 2018 and August 2026, from 1 wellbore.
- How much is MD 16 worth?
- The remaining production from MD 16 is estimated to be worth about $162K in total as of 26 August 2026, within a range of $89K to $234K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MD 16 is a fraction of it. The estimate fits an Arps decline curve to the production MD 16 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MD 16 is an estimate of value, not an offer and not an appraisal.
- How much income does MD 16 generate in a year?
- MD 16 is forecast to net about $31K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MD 16 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Arrow Oil & Gas, LLC |
|---|---|
| Field | Mansfield Dome (Canyon Reef) |
| County | Oldham County, Texas |
| RRC district | 10 |
| Lease number | 09643 |
| Wellbores | 1 |
| Reported production | 3,280 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $162K |
Where MD 16 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.