MVestimateExample owner · prices as of Oct 23, 2026
Lease A: estimated value today $29,612
Your share of the lease’s estimated production, priced month by month and discounted to today. Range $22K–$39K. County appraised value: $13,900.
Lease A’s production is estimated to fall fastest, so more of its value comes from the next few years.
In your portal, the lease report shows the method, its test, the dates and the prices behind it.
MVestimateExample owner · prices as of Oct 23, 2026
Lease C: estimated value today $28,670
Your share of the lease’s estimated production, priced month by month and discounted to today. Range $23K–$35K. County appraised value: $12,700.
Lease C’s production falls more slowly, so more of its value comes from later years, which count for less today.
In your portal, the same estimate appears on each page that shows Lease C.
MVestimateExample owner · prices as of Oct 23, 2026
Lease B: estimated value today $25,793
Your share of the lease’s estimated production, priced month by month and discounted to today. Range $21K–$31K. County appraised value: $8,200.
Lease B’s production falls the most slowly, so its estimate runs longest. Its range is the narrowest.
In your portal, the county figure for your interest sits beside it, with the reason when the records show one.
MethodRoyalty and working interest
Why the interest type matters
A royalty interest pays none of the running costs, so only severance tax comes off, and its estimate runs to the end.
A working interest pays a share of the running costs. Its estimate stops after six months in a row when the lease can’t cover them, and it can be below zero.
Your decimal and interest type come from the county roll.
RangeLow and high cases
Why a range
Each estimate has a low and a high production case. The range is the same calculation run on each.
It is not a different discount rate. A wide range means the lease’s own history leaves more room for doubt.
Your total range adds up the low cases, and the high cases, of your leases. They are not a floor or a ceiling.
CountyShown side by side
Why the two values differ
The county value looks at one past year; our estimate looks ahead, so the two often differ. The county appraisal district’s value is its own figure, used for property tax. It is not a price and not our estimate.
We show a reason only when the records give one, such as an older roll year.
We don’t adjust ours to match the county’s.
Honest gapsNo figure without a reason
What a missing figure means
No county record, no estimate yet, or an interest we can’t match: no figure, and the reason.
$0 appears only when a lease has reported no production for about a year, with its last report date. A $0 estimate is about production only; it says nothing about ownership.
Deductions after production aren’t taken off, so your actual royalty may be lower.