MCMULLAN, MARGARET
MCMULLAN, MARGARET is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Rme Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from October 2001 to August 2026, totalling 401,150 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 $81K, with roughly $13K 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 549 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 1,052 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, MARGARET
- Who operates MCMULLAN, MARGARET?
- MCMULLAN, MARGARET is operated by Rme Petroleum Company, Railroad Commission of Texas operator number 714229.
- Where is MCMULLAN, MARGARET?
- MCMULLAN, MARGARET is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 187030.
- Is MCMULLAN, MARGARET still producing?
- MCMULLAN, MARGARET is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCMULLAN, MARGARET is August 2026.
- How much has MCMULLAN, MARGARET produced?
- MCMULLAN, MARGARET has reported 401,150 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2001 and August 2026, from 1 wellbore.
- How much is MCMULLAN, MARGARET worth?
- The remaining production from MCMULLAN, MARGARET is estimated to be worth about $81K in total as of 26 August 2026, within a range of $63K to $98K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCMULLAN, MARGARET is a fraction of it. The estimate fits an Arps decline curve to the production MCMULLAN, MARGARET has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCMULLAN, MARGARET is an estimate of value, not an offer and not an appraisal.
- How much income does MCMULLAN, MARGARET generate in a year?
- MCMULLAN, MARGARET is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCMULLAN, MARGARET receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rme Petroleum Company |
|---|---|
| Field | Davidson Ranch (Penn. 7890) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 187030 |
| Wellbores | 1 |
| Reported production | 401,150 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $81K |
Where MCMULLAN, MARGARET 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.