MALONE HEIRS
MALONE HEIRS is a Texas gas lease in Upshur County, Railroad Commission district 06, operated by Maximus Operating, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 1,656,163 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 $165K, with roughly $72K 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 4,085 thousand cubic feet a month. Its strongest month on the record we hold was July 2024, at 14,232 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 MALONE HEIRS
- Who operates MALONE HEIRS?
- MALONE HEIRS is operated by Maximus Operating, Ltd., Railroad Commission of Texas operator number 534465.
- Where is MALONE HEIRS?
- MALONE HEIRS is a Texas gas lease in Upshur County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 242871.
- Is MALONE HEIRS still producing?
- MALONE HEIRS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MALONE HEIRS is August 2026.
- How much has MALONE HEIRS produced?
- MALONE HEIRS has reported 1,656,163 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2008 and August 2026, from 1 wellbore.
- How much is MALONE HEIRS worth?
- The remaining production from MALONE HEIRS is estimated to be worth about $165K in total as of 27 August 2026, within a range of $137K to $193K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MALONE HEIRS is a fraction of it. The estimate fits an Arps decline curve to the production MALONE HEIRS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MALONE HEIRS is an estimate of value, not an offer and not an appraisal.
- How much income does MALONE HEIRS generate in a year?
- MALONE HEIRS is forecast to net about $72K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MALONE HEIRS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Maximus Operating, Ltd. |
|---|---|
| Field | Cedar Springs (Cot. Valley, Lo.) |
| County | Upshur County, Texas |
| RRC district | 06 |
| Lease number | 242871 |
| Wellbores | 1 |
| Reported production | 1,656,163 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $165K |
Where MALONE 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.