MCCLENDON GAS UNIT #1
MCCLENDON GAS UNIT #1 is a Texas gas lease in Cherokee County, Railroad Commission district 06, operated by Marathon Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2006 to August 2026, totalling 579,722 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 $139K, with roughly $22K 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 1,046 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 2,210 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 MCCLENDON GAS UNIT #1
- Who operates MCCLENDON GAS UNIT #1?
- MCCLENDON GAS UNIT #1 is operated by Marathon Oil Company, Railroad Commission of Texas operator number 525380.
- Where is MCCLENDON GAS UNIT #1?
- MCCLENDON GAS UNIT #1 is a Texas gas lease in Cherokee County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 223986.
- Is MCCLENDON GAS UNIT #1 still producing?
- MCCLENDON GAS UNIT #1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCCLENDON GAS UNIT #1 is August 2026.
- How much has MCCLENDON GAS UNIT #1 produced?
- MCCLENDON GAS UNIT #1 has reported 579,722 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2006 and August 2026, from 1 wellbore.
- How much is MCCLENDON GAS UNIT #1 worth?
- The remaining production from MCCLENDON GAS UNIT #1 is estimated to be worth about $139K in total as of 27 August 2026, within a range of $115K to $163K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCCLENDON GAS UNIT #1 is a fraction of it. The estimate fits an Arps decline curve to the production MCCLENDON GAS UNIT #1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCCLENDON GAS UNIT #1 is an estimate of value, not an offer and not an appraisal.
- How much income does MCCLENDON GAS UNIT #1 generate in a year?
- MCCLENDON GAS UNIT #1 is forecast to net about $22K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCCLENDON GAS UNIT #1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marathon Oil Company |
|---|---|
| Field | White Oak Creek (Travis Peak) |
| County | Cherokee County, Texas |
| RRC district | 06 |
| Lease number | 223986 |
| Wellbores | 1 |
| Reported production | 579,722 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $139K |
Where MCCLENDON GAS UNIT #1 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.