MASTERSON, M. I.
MASTERSON, M. I. is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Sahara Operating Company. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 128,971 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 $539K, with roughly $104K 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 179 barrels a month, about 60 per wellbore. Its strongest month on the record we hold was January 2024, at 631 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, M. I.
- Who operates MASTERSON, M. I.?
- MASTERSON, M. I. is operated by Sahara Operating Company, Railroad Commission of Texas operator number 743279.
- Where is MASTERSON, M. I.?
- MASTERSON, M. I. is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 00323.
- Is MASTERSON, M. I. still producing?
- MASTERSON, M. I. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MASTERSON, M. I. is August 2026.
- How much has MASTERSON, M. I. produced?
- MASTERSON, M. I. has reported 128,971 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is MASTERSON, M. I. worth?
- The remaining production from MASTERSON, M. I. is estimated to be worth about $539K in total as of 27 August 2026, within a range of $421K to $658K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MASTERSON, M. I. is a fraction of it. The estimate fits an Arps decline curve to the production MASTERSON, M. I. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MASTERSON, M. I. is an estimate of value, not an offer and not an appraisal.
- How much income does MASTERSON, M. I. generate in a year?
- MASTERSON, M. I. is forecast to net about $104K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MASTERSON, M. I. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sahara Operating Company |
|---|---|
| Field | Apco-Warner |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 00323 |
| Wellbores | 3 |
| Reported production | 128,971 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $539K |
Where MASTERSON, M. I. 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.