MYDA
MYDA is a Texas gas lease in Sherman County, Railroad Commission district 10, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 563,981 thousand cubic feet. 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 $124K, with roughly $20K 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 898 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 1,336 thousand cubic feet. 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 MYDA
- Who operates MYDA?
- MYDA is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is MYDA?
- MYDA is a Texas gas lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 027681.
- Is MYDA still producing?
- MYDA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MYDA is August 2026.
- How much has MYDA produced?
- MYDA has reported 563,981 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MYDA worth?
- The remaining production from MYDA is estimated to be worth about $124K in total as of 26 August 2026, within a range of $97K to $152K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MYDA is a fraction of it. The estimate fits an Arps decline curve to the production MYDA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MYDA is an estimate of value, not an offer and not an appraisal.
- How much income does MYDA generate in a year?
- MYDA is forecast to net about $20K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MYDA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Texas Hugoton |
| County | Sherman County, Texas |
| RRC district | 10 |
| Lease number | 027681 |
| Wellbores | 1 |
| Reported production | 563,981 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $124K |
Where MYDA 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.