MCGEE GAS UNIT -B-
MCGEE GAS UNIT -B- is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by BP America Production Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2013 to August 2026, totalling 2,722,579 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 $705K, with roughly $139K 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 5,626 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 27,815 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 MCGEE GAS UNIT -B-
- Who operates MCGEE GAS UNIT -B-?
- MCGEE GAS UNIT -B- is operated by BP America Production Company, Railroad Commission of Texas operator number 040798.
- Where is MCGEE GAS UNIT -B-?
- MCGEE GAS UNIT -B- is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 272763.
- Is MCGEE GAS UNIT -B- still producing?
- MCGEE GAS UNIT -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCGEE GAS UNIT -B- is August 2026.
- How much has MCGEE GAS UNIT -B- produced?
- MCGEE GAS UNIT -B- has reported 2,722,579 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2013 and August 2026, from 1 wellbore.
- How much is MCGEE GAS UNIT -B- worth?
- The remaining production from MCGEE GAS UNIT -B- is estimated to be worth about $705K in total as of 26 August 2026, within a range of $585K to $825K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCGEE GAS UNIT -B- is a fraction of it. The estimate fits an Arps decline curve to the production MCGEE GAS UNIT -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCGEE GAS UNIT -B- is an estimate of value, not an offer and not an appraisal.
- How much income does MCGEE GAS UNIT -B- generate in a year?
- MCGEE GAS UNIT -B- is forecast to net about $139K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCGEE GAS UNIT -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BP America Production Company |
|---|---|
| Field | Woodlawn (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 272763 |
| Wellbores | 1 |
| Reported production | 2,722,579 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $705K |
Where MCGEE GAS UNIT -B- 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.