MAYES, M.A.
MAYES, M.A. is a Texas oil lease in Young County, Railroad Commission district 09, operated by Joint Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from March 1996 to August 2026, totalling 43,185 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 $353K, with roughly $56K 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 43 barrels a month. Its strongest month on the record we hold was June 2019, at 186 barrels. 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 MAYES, M.A.
- Who operates MAYES, M.A.?
- MAYES, M.A. is operated by Joint Resources Company, Railroad Commission of Texas operator number 440742.
- Where is MAYES, M.A.?
- MAYES, M.A. is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 29146.
- Is MAYES, M.A. still producing?
- MAYES, M.A. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAYES, M.A. is August 2026.
- How much has MAYES, M.A. produced?
- MAYES, M.A. has reported 43,185 barrels of oil (bbl) to the Railroad Commission of Texas between March 1996 and August 2026, from 1 wellbore.
- How much is MAYES, M.A. worth?
- The remaining production from MAYES, M.A. is estimated to be worth about $353K in total as of 26 August 2026, within a range of $194K to $512K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAYES, M.A. is a fraction of it. The estimate fits an Arps decline curve to the production MAYES, M.A. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAYES, M.A. is an estimate of value, not an offer and not an appraisal.
- How much income does MAYES, M.A. generate in a year?
- MAYES, M.A. is forecast to net about $56K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAYES, M.A. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Joint Resources Company |
|---|---|
| Field | Edmonds |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 29146 |
| Wellbores | 1 |
| Reported production | 43,185 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $353K |
Where MAYES, M.A. 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.