LAZY M
LAZY M is a Texas oil lease in San Jacinto County, Railroad Commission district 03, operated by Upland Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2021 to August 2026, totalling 13,869 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 $541K, 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 150 barrels a month. Its strongest month on the record we hold was October 2021, at 530 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 LAZY M
- Who operates LAZY M?
- LAZY M is operated by Upland Operating, LLC, Railroad Commission of Texas operator number 878942.
- Where is LAZY M?
- LAZY M is a Texas oil lease in San Jacinto County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27867.
- Is LAZY M still producing?
- LAZY M is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAZY M is August 2026.
- How much has LAZY M produced?
- LAZY M has reported 13,869 barrels of oil (bbl) to the Railroad Commission of Texas between March 2021 and August 2026, from 1 wellbore.
- How much is LAZY M worth?
- The remaining production from LAZY M is estimated to be worth about $541K in total as of 27 August 2026, within a range of $422K to $660K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAZY M is a fraction of it. The estimate fits an Arps decline curve to the production LAZY M has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAZY M is an estimate of value, not an offer and not an appraisal.
- How much income does LAZY M generate in a year?
- LAZY M 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 LAZY M receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Upland Operating, LLC |
|---|---|
| Field | Drews Landing (Wilcox Cons) |
| County | San Jacinto County, Texas |
| RRC district | 03 |
| Lease number | 27867 |
| Wellbores | 1 |
| Reported production | 13,869 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $541K |
Where LAZY M 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.