MCMULLAN "3"
MCMULLAN "3" 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 April 2002 to August 2026, totalling 1,720,008 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 $263K, with roughly $41K 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 1,596 thousand cubic feet a month. Its strongest month on the record we hold was July 2022, at 3,234 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 MCMULLAN "3"
- Who operates MCMULLAN "3"?
- MCMULLAN "3" is operated by Rme Petroleum Company, Railroad Commission of Texas operator number 714229.
- Where is MCMULLAN "3"?
- MCMULLAN "3" is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 189783.
- Is MCMULLAN "3" still producing?
- MCMULLAN "3" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCMULLAN "3" is August 2026.
- How much has MCMULLAN "3" produced?
- MCMULLAN "3" has reported 1,720,008 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2002 and August 2026, from 1 wellbore.
- How much is MCMULLAN "3" worth?
- The remaining production from MCMULLAN "3" is estimated to be worth about $263K in total as of 26 August 2026, within a range of $219K to $308K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCMULLAN "3" is a fraction of it. The estimate fits an Arps decline curve to the production MCMULLAN "3" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCMULLAN "3" is an estimate of value, not an offer and not an appraisal.
- How much income does MCMULLAN "3" generate in a year?
- MCMULLAN "3" is forecast to net about $41K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCMULLAN "3" 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 | 189783 |
| Wellbores | 1 |
| Reported production | 1,720,008 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $263K |
Where MCMULLAN "3" 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.