MELINDA
MELINDA is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Ovintiv USA Inc. It has 13 wellbores on file with the Commission. Reported production runs from December 2022 to August 2026, totalling 445,014 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 $10.8M, with roughly $3.3M 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 5,520 barrels a month, about 425 per wellbore. Its strongest month on the record we hold was January 2023, at 18,818 barrels. 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 MELINDA
- Who operates MELINDA?
- MELINDA is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is MELINDA?
- MELINDA is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21844.
- Is MELINDA still producing?
- MELINDA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MELINDA is August 2026.
- How much has MELINDA produced?
- MELINDA has reported 445,014 barrels of oil (bbl) to the Railroad Commission of Texas between December 2022 and August 2026, from 13 wellbores.
- How much is MELINDA worth?
- The remaining production from MELINDA is estimated to be worth about $10.8M in total as of 27 August 2026, within a range of $8.9M to $12.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MELINDA is a fraction of it. The estimate fits an Arps decline curve to the production MELINDA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MELINDA is an estimate of value, not an offer and not an appraisal.
- How much income does MELINDA generate in a year?
- MELINDA is forecast to net about $3.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MELINDA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ovintiv USA Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 21844 |
| Wellbores | 13 |
| Reported production | 445,014 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.8M |
Where MELINDA 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.