MAY-PET
MAY-PET is a Texas oil lease in Young County, Railroad Commission district 09, operated by Rogers Drilling Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2025 to August 2026, totalling 2,598 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 $567K, with roughly $109K 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 141 barrels a month. Its strongest month on the record we hold was February 2025, at 257 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 MAY-PET
- Who operates MAY-PET?
- MAY-PET is operated by Rogers Drilling Co., Inc., Railroad Commission of Texas operator number 725080.
- Where is MAY-PET?
- MAY-PET is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 34357.
- Is MAY-PET still producing?
- MAY-PET is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAY-PET is August 2026.
- How much has MAY-PET produced?
- MAY-PET has reported 2,598 barrels of oil (bbl) to the Railroad Commission of Texas between January 2025 and August 2026, from 1 wellbore.
- How much is MAY-PET worth?
- The remaining production from MAY-PET is estimated to be worth about $567K in total as of 26 August 2026, within a range of $442K to $692K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAY-PET is a fraction of it. The estimate fits an Arps decline curve to the production MAY-PET has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAY-PET is an estimate of value, not an offer and not an appraisal.
- How much income does MAY-PET generate in a year?
- MAY-PET is forecast to net about $109K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAY-PET receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rogers Drilling Co., Inc. |
|---|---|
| Field | Young County Regular |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 34357 |
| Wellbores | 1 |
| Reported production | 2,598 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $567K |
Where MAY-PET 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.