MAXWELL, J. P.
MAXWELL, J. P. is a Texas oil lease in Rusk County, Railroad Commission district 6E, operated by Mustang Operating Company. It has 11 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 36,704 barrels. The lease is shut in. 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 $41K, with roughly $8K 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 5 barrels a month. Its strongest month on the record we hold was December 2025, at 63 barrels.
Key facts about MAXWELL, J. P.
- Who operates MAXWELL, J. P.?
- MAXWELL, J. P. is operated by Mustang Operating Company, Railroad Commission of Texas operator number 597060.
- Where is MAXWELL, J. P.?
- MAXWELL, J. P. is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 06492.
- Is MAXWELL, J. P. still producing?
- MAXWELL, J. P. is shut in. The most recent month of production reported to the Railroad Commission of Texas for MAXWELL, J. P. is August 2026.
- How much has MAXWELL, J. P. produced?
- MAXWELL, J. P. has reported 36,704 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 11 wellbores.
- How much is MAXWELL, J. P. worth?
- The remaining production from MAXWELL, J. P. is estimated to be worth about $41K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAXWELL, J. P. is a fraction of it. The estimate fits an Arps decline curve to the production MAXWELL, J. P. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAXWELL, J. P. is an estimate of value, not an offer and not an appraisal.
- How much income does MAXWELL, J. P. generate in a year?
- MAXWELL, J. P. is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAXWELL, J. P. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mustang Operating Company |
|---|---|
| Field | East Texas |
| County | Rusk County, Texas |
| RRC district | 6E |
| Lease number | 06492 |
| Wellbores | 11 |
| Reported production | 36,704 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $41K |
Where MAXWELL, J. P. 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.