MADO
MADO is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by Vinson Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 385,759 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 $2K, with roughly $266 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 17 thousand cubic feet a month. Its strongest month on the record we hold was November 2017, at 684 thousand cubic feet. 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 MADO
- Who operates MADO?
- MADO is operated by Vinson Operating Company, Railroad Commission of Texas operator number 886093.
- Where is MADO?
- MADO is a Texas gas lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 136651.
- Is MADO still producing?
- MADO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MADO is August 2026.
- How much has MADO produced?
- MADO has reported 385,759 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MADO worth?
- The remaining production from MADO is estimated to be worth about $2K in total as of 26 August 2026, within a range of $1K to $3K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MADO is a fraction of it. The estimate fits an Arps decline curve to the production MADO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MADO is an estimate of value, not an offer and not an appraisal.
- How much income does MADO generate in a year?
- MADO is forecast to net about $266 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MADO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Vinson Operating Company |
|---|---|
| Field | Stephens County Regular (Gas) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 136651 |
| Wellbores | 1 |
| Reported production | 385,759 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2K |
Where MADO 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.