MCMULLAN RANCH "B"

MCMULLAN RANCH "B" is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Graham Royalty, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 258,388 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 $31K, with roughly $4K 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 166 thousand cubic feet a month. Its strongest month on the record we hold was September 2019, at 355 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 MCMULLAN RANCH "B"

Who operates MCMULLAN RANCH "B"?
MCMULLAN RANCH "B" is operated by Graham Royalty, Ltd., Railroad Commission of Texas operator number 324140.
Where is MCMULLAN RANCH "B"?
MCMULLAN RANCH "B" is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 122991.
Is MCMULLAN RANCH "B" still producing?
MCMULLAN RANCH "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCMULLAN RANCH "B" is August 2026.
How much has MCMULLAN RANCH "B" produced?
MCMULLAN RANCH "B" has reported 258,388 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is MCMULLAN RANCH "B" worth?
The remaining production from MCMULLAN RANCH "B" is estimated to be worth about $31K in total as of 26 August 2026, within a range of $24K to $38K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCMULLAN RANCH "B" is a fraction of it. The estimate fits an Arps decline curve to the production MCMULLAN RANCH "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCMULLAN RANCH "B" is an estimate of value, not an offer and not an appraisal.
How much income does MCMULLAN RANCH "B" generate in a year?
MCMULLAN RANCH "B" is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCMULLAN RANCH "B" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MCMULLAN RANCH "B" as filed with the Railroad Commission of Texas
OperatorGraham Royalty, Ltd.
FieldWhitehead (Strawn)
CountyCrockett County, Texas
RRC district7C
Lease number122991
Wellbores1
Reported production258,388 mcf
First reported
Last reported
Estimated royalty value$31K

Where MCMULLAN RANCH "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.