MCILVEEN GAS UNIT
MCILVEEN GAS UNIT is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by BRG Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 1995 to August 2026, totalling 262,121 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 $44K, with roughly $6K 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 140 thousand cubic feet a month. Its strongest month on the record we hold was March 2026, at 842 thousand cubic feet. 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 MCILVEEN GAS UNIT
- Who operates MCILVEEN GAS UNIT?
- MCILVEEN GAS UNIT is operated by BRG Petroleum, Inc., Railroad Commission of Texas operator number 090873.
- Where is MCILVEEN GAS UNIT?
- MCILVEEN GAS UNIT is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 155987.
- Is MCILVEEN GAS UNIT still producing?
- MCILVEEN GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCILVEEN GAS UNIT is August 2026.
- How much has MCILVEEN GAS UNIT produced?
- MCILVEEN GAS UNIT has reported 262,121 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 1995 and August 2026, from 1 wellbore.
- How much is MCILVEEN GAS UNIT worth?
- The remaining production from MCILVEEN GAS UNIT is estimated to be worth about $44K in total as of 27 August 2026, within a range of $34K to $54K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCILVEEN GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MCILVEEN GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCILVEEN GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MCILVEEN GAS UNIT generate in a year?
- MCILVEEN GAS UNIT is forecast to net about $6K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCILVEEN GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BRG Petroleum, Inc. |
|---|---|
| Field | Mimms Creek (Cotton Valley Sand) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 155987 |
| Wellbores | 1 |
| Reported production | 262,121 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $44K |
Where MCILVEEN GAS UNIT 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.