MALLET
MALLET is a Texas oil lease in Terry County, Railroad Commission district 8A, operated by Trail Mountain, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2010 to August 2026, totalling 48,671 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 $826K, with roughly $233K 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 350 barrels a month. Its strongest month on the record we hold was April 2022, at 1,725 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 MALLET
- Who operates MALLET?
- MALLET is operated by Trail Mountain, Inc., Railroad Commission of Texas operator number 864352.
- Where is MALLET?
- MALLET is a Texas oil lease in Terry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69491.
- Is MALLET still producing?
- MALLET is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MALLET is August 2026.
- How much has MALLET produced?
- MALLET has reported 48,671 barrels of oil (bbl) to the Railroad Commission of Texas between January 2010 and August 2026, from 1 wellbore.
- How much is MALLET worth?
- The remaining production from MALLET is estimated to be worth about $826K in total as of 26 August 2026, within a range of $644K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MALLET is a fraction of it. The estimate fits an Arps decline curve to the production MALLET has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MALLET is an estimate of value, not an offer and not an appraisal.
- How much income does MALLET generate in a year?
- MALLET is forecast to net about $233K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MALLET receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Trail Mountain, Inc. |
|---|---|
| Field | Terryon (Glorieta) |
| County | Terry County, Texas |
| RRC district | 8A |
| Lease number | 69491 |
| Wellbores | 1 |
| Reported production | 48,671 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $826K |
Where MALLET 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.