MAYERS
MAYERS is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Michael Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from November 1997 to August 2026, totalling 344,224 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 $12K, with roughly $2K 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 68 thousand cubic feet a month. Its strongest month on the record we hold was February 2017, at 467 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 MAYERS
- Who operates MAYERS?
- MAYERS is operated by Michael Petroleum Corporation, Railroad Commission of Texas operator number 564070.
- Where is MAYERS?
- MAYERS is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 166273.
- Is MAYERS still producing?
- MAYERS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAYERS is August 2026.
- How much has MAYERS produced?
- MAYERS has reported 344,224 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 1997 and August 2026, from 1 wellbore.
- How much is MAYERS worth?
- The remaining production from MAYERS is estimated to be worth about $12K in total as of 26 August 2026, within a range of $7K to $18K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAYERS is a fraction of it. The estimate fits an Arps decline curve to the production MAYERS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAYERS is an estimate of value, not an offer and not an appraisal.
- How much income does MAYERS generate in a year?
- MAYERS is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAYERS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Michael Petroleum Corporation |
|---|---|
| Field | Rottersman (Lobo) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 166273 |
| Wellbores | 1 |
| Reported production | 344,224 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $12K |
Where MAYERS 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.