MD 18
MD 18 is a Texas oil lease in Oldham County, Railroad Commission district 10, operated by Aog, Inc. It has 7 wellbores on file with the Commission. Reported production runs from July 2007 to August 2026, totalling 299,646 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 $809K, with roughly $156K 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 217 barrels a month, about 31 per wellbore. Its strongest month on the record we hold was November 2016, at 933 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 MD 18
- Who operates MD 18?
- MD 18 is operated by Aog, Inc., Railroad Commission of Texas operator number 026800.
- Where is MD 18?
- MD 18 is a Texas oil lease in Oldham County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 07792.
- Is MD 18 still producing?
- MD 18 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MD 18 is August 2026.
- How much has MD 18 produced?
- MD 18 has reported 299,646 barrels of oil (bbl) to the Railroad Commission of Texas between July 2007 and August 2026, from 7 wellbores.
- How much is MD 18 worth?
- The remaining production from MD 18 is estimated to be worth about $809K in total as of 26 August 2026, within a range of $631K to $987K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MD 18 is a fraction of it. The estimate fits an Arps decline curve to the production MD 18 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MD 18 is an estimate of value, not an offer and not an appraisal.
- How much income does MD 18 generate in a year?
- MD 18 is forecast to net about $156K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MD 18 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Aog, Inc. |
|---|---|
| Field | Mansfield Dome (Canyon Reef) |
| County | Oldham County, Texas |
| RRC district | 10 |
| Lease number | 07792 |
| Wellbores | 7 |
| Reported production | 299,646 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $809K |
Where MD 18 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.