MCLEROY
MCLEROY is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Bowles Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2008 to August 2026, totalling 246,470 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 $72K, with roughly $26K 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 1,820 thousand cubic feet a month. Its strongest month on the record we hold was December 2024, at 6,021 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 MCLEROY
- Who operates MCLEROY?
- MCLEROY is operated by Bowles Energy, Inc., Railroad Commission of Texas operator number 084097.
- Where is MCLEROY?
- MCLEROY is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 248320.
- Is MCLEROY still producing?
- MCLEROY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCLEROY is August 2026.
- How much has MCLEROY produced?
- MCLEROY has reported 246,470 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2008 and August 2026, from 1 wellbore.
- How much is MCLEROY worth?
- The remaining production from MCLEROY is estimated to be worth about $72K in total as of 27 August 2026, within a range of $60K to $85K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCLEROY is a fraction of it. The estimate fits an Arps decline curve to the production MCLEROY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCLEROY is an estimate of value, not an offer and not an appraisal.
- How much income does MCLEROY generate in a year?
- MCLEROY is forecast to net about $26K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCLEROY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bowles Energy, Inc. |
|---|---|
| Field | Belle Bower (Travis Peak) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 248320 |
| Wellbores | 1 |
| Reported production | 246,470 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $72K |
Where MCLEROY 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.