MCBETH
MCBETH is a Texas gas lease in Upshur County, Railroad Commission district 06, operated by El Paso E & P Company, L. P. It has 1 wellbore on file with the Commission. Reported production runs from January 2007 to August 2026, totalling 615,632 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 $849, with roughly $788 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 252 thousand cubic feet a month. Its strongest month on the record we hold was June 2024, at 3,357 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 MCBETH
- Who operates MCBETH?
- MCBETH is operated by El Paso E & P Company, L. P., Railroad Commission of Texas operator number 250195.
- Where is MCBETH?
- MCBETH is a Texas gas lease in Upshur County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 229775.
- Is MCBETH still producing?
- MCBETH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCBETH is August 2026.
- How much has MCBETH produced?
- MCBETH has reported 615,632 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2007 and August 2026, from 1 wellbore.
- How much is MCBETH worth?
- The remaining production from MCBETH is estimated to be worth about $849 in total as of 26 August 2026, within a range of $662 to $1K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCBETH is a fraction of it. The estimate fits an Arps decline curve to the production MCBETH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCBETH is an estimate of value, not an offer and not an appraisal.
- How much income does MCBETH generate in a year?
- MCBETH is forecast to net about $788 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCBETH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | El Paso E & P Company, L. P. |
|---|---|
| Field | Mings Chapel (Cotton Valley LM) |
| County | Upshur County, Texas |
| RRC district | 06 |
| Lease number | 229775 |
| Wellbores | 1 |
| Reported production | 615,632 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $849 |
Where MCBETH 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.