MCDONALD
MCDONALD is a Texas gas lease in Smith County, Railroad Commission district 06, operated by Wagner & Brown, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from April 2008 to August 2026, totalling 3,867,168 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 $850K, with roughly $141K 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 5,804 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 12,099 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 MCDONALD
- Who operates MCDONALD?
- MCDONALD is operated by Wagner & Brown, Ltd., Railroad Commission of Texas operator number 891075.
- Where is MCDONALD?
- MCDONALD is a Texas gas lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 238097.
- Is MCDONALD still producing?
- MCDONALD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCDONALD is August 2026.
- How much has MCDONALD produced?
- MCDONALD has reported 3,867,168 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2008 and August 2026, from 1 wellbore.
- How much is MCDONALD worth?
- The remaining production from MCDONALD is estimated to be worth about $850K in total as of 26 August 2026, within a range of $706K to $995K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCDONALD is a fraction of it. The estimate fits an Arps decline curve to the production MCDONALD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCDONALD is an estimate of value, not an offer and not an appraisal.
- How much income does MCDONALD generate in a year?
- MCDONALD is forecast to net about $141K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCDONALD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wagner & Brown, Ltd. |
|---|---|
| Field | Overton (Cotton Valley Sand) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 238097 |
| Wellbores | 1 |
| Reported production | 3,867,168 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $850K |
Where MCDONALD 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.