MCCLELLAND
MCCLELLAND is a Texas gas lease in Live Oak County, Railroad Commission district 02, operated by Prize Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2000 to August 2026, totalling 2,824,141 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 $492K, with roughly $97K 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 3,546 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 6,368 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 MCCLELLAND
- Who operates MCCLELLAND?
- MCCLELLAND is operated by Prize Operating Company, Railroad Commission of Texas operator number 679278.
- Where is MCCLELLAND?
- MCCLELLAND is a Texas gas lease in Live Oak County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 178937.
- Is MCCLELLAND still producing?
- MCCLELLAND is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCCLELLAND is August 2026.
- How much has MCCLELLAND produced?
- MCCLELLAND has reported 2,824,141 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2000 and August 2026, from 1 wellbore.
- How much is MCCLELLAND worth?
- The remaining production from MCCLELLAND is estimated to be worth about $492K in total as of 26 August 2026, within a range of $409K to $576K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCCLELLAND is a fraction of it. The estimate fits an Arps decline curve to the production MCCLELLAND has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCCLELLAND is an estimate of value, not an offer and not an appraisal.
- How much income does MCCLELLAND generate in a year?
- MCCLELLAND is forecast to net about $97K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCCLELLAND receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Prize Operating Company |
|---|---|
| Field | Oakville (Wilcox Cons.) |
| County | Live Oak County, Texas |
| RRC district | 02 |
| Lease number | 178937 |
| Wellbores | 1 |
| Reported production | 2,824,141 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $492K |
Where MCCLELLAND 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.