MAGERS HEIRS
MAGERS HEIRS is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by Delta Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 270,788 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 $81K, with roughly $13K 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 525 thousand cubic feet a month. Its strongest month on the record we hold was April 2023, at 653 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 MAGERS HEIRS
- Who operates MAGERS HEIRS?
- MAGERS HEIRS is operated by Delta Oil & Gas Company, Railroad Commission of Texas operator number 213700.
- Where is MAGERS HEIRS?
- MAGERS HEIRS is a Texas gas lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 110969.
- Is MAGERS HEIRS still producing?
- MAGERS HEIRS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAGERS HEIRS is August 2026.
- How much has MAGERS HEIRS produced?
- MAGERS HEIRS has reported 270,788 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MAGERS HEIRS worth?
- The remaining production from MAGERS HEIRS is estimated to be worth about $81K in total as of 26 August 2026, within a range of $63K to $99K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAGERS HEIRS is a fraction of it. The estimate fits an Arps decline curve to the production MAGERS HEIRS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAGERS HEIRS is an estimate of value, not an offer and not an appraisal.
- How much income does MAGERS HEIRS generate in a year?
- MAGERS HEIRS is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAGERS HEIRS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Delta Oil & Gas Company |
|---|---|
| Field | Caddo (Duffer) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 110969 |
| Wellbores | 1 |
| Reported production | 270,788 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $81K |
Where MAGERS HEIRS 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.