MAHALITC
MAHALITC is a Texas oil lease in Wharton County, Railroad Commission district 03, operated by Great Western Onshore Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 126,050 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 $1.5M, with roughly $336K 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 409 barrels a month. Its strongest month on the record we hold was November 2017, at 1,179 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 MAHALITC
- Who operates MAHALITC?
- MAHALITC is operated by Great Western Onshore Inc., Railroad Commission of Texas operator number 328793.
- Where is MAHALITC?
- MAHALITC is a Texas oil lease in Wharton County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 16871.
- Is MAHALITC still producing?
- MAHALITC is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAHALITC is August 2026.
- How much has MAHALITC produced?
- MAHALITC has reported 126,050 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MAHALITC worth?
- The remaining production from MAHALITC is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAHALITC is a fraction of it. The estimate fits an Arps decline curve to the production MAHALITC has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAHALITC is an estimate of value, not an offer and not an appraisal.
- How much income does MAHALITC generate in a year?
- MAHALITC is forecast to net about $336K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAHALITC receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Great Western Onshore Inc. |
|---|---|
| Field | Bonus, S.E. (Dy) |
| County | Wharton County, Texas |
| RRC district | 03 |
| Lease number | 16871 |
| Wellbores | 1 |
| Reported production | 126,050 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where MAHALITC 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.