SMITH, MARY
SMITH, MARY is a Texas oil lease in Rusk County, Railroad Commission district 6E, operated by Long Trusts, The. It has 21 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 145,555 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 $578K, with roughly $111K 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 131 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was November 2016, at 590 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 SMITH, MARY
- Who operates SMITH, MARY?
- SMITH, MARY is operated by Long Trusts, The, Railroad Commission of Texas operator number 507585.
- Where is SMITH, MARY?
- SMITH, MARY is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 08568.
- Is SMITH, MARY still producing?
- SMITH, MARY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMITH, MARY is August 2026.
- How much has SMITH, MARY produced?
- SMITH, MARY has reported 145,555 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 21 wellbores.
- How much is SMITH, MARY worth?
- The remaining production from SMITH, MARY is estimated to be worth about $578K in total as of 26 August 2026, within a range of $451K to $706K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMITH, MARY is a fraction of it. The estimate fits an Arps decline curve to the production SMITH, MARY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMITH, MARY is an estimate of value, not an offer and not an appraisal.
- How much income does SMITH, MARY generate in a year?
- SMITH, MARY is forecast to net about $111K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SMITH, MARY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Long Trusts, The |
|---|---|
| Field | East Texas |
| County | Rusk County, Texas |
| RRC district | 6E |
| Lease number | 08568 |
| Wellbores | 21 |
| Reported production | 145,555 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $578K |
Where SMITH, MARY 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.