MIKESKA
MIKESKA is a Texas oil lease in Runnels County, Railroad Commission district 7C, operated by MJM Oil & Gas, Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 38,938 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 $158K, with roughly $30K 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 48 barrels a month, about 16 per wellbore. Its strongest month on the record we hold was October 2019, at 181 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 MIKESKA
- Who operates MIKESKA?
- MIKESKA is operated by MJM Oil & Gas, Inc., Railroad Commission of Texas operator number 518415.
- Where is MIKESKA?
- MIKESKA is a Texas oil lease in Runnels County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 12198.
- Is MIKESKA still producing?
- MIKESKA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MIKESKA is August 2026.
- How much has MIKESKA produced?
- MIKESKA has reported 38,938 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is MIKESKA worth?
- The remaining production from MIKESKA is estimated to be worth about $158K in total as of 26 August 2026, within a range of $87K to $229K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MIKESKA is a fraction of it. The estimate fits an Arps decline curve to the production MIKESKA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MIKESKA is an estimate of value, not an offer and not an appraisal.
- How much income does MIKESKA generate in a year?
- MIKESKA is forecast to net about $30K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MIKESKA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | MJM Oil & Gas, Inc. |
|---|---|
| Field | Wingate, West (Gray) |
| County | Runnels County, Texas |
| RRC district | 7C |
| Lease number | 12198 |
| Wellbores | 3 |
| Reported production | 38,938 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $158K |
Where MIKESKA 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.