MCINTOSH "21"
MCINTOSH "21" is a Texas gas lease in Midland County, Railroad Commission district 08, operated by Terrace Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from November 1999 to August 2026, totalling 1,034,196 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 $30K, with roughly $18K 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 720 thousand cubic feet a month. Its strongest month on the record we hold was December 2021, at 6,719 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 MCINTOSH "21"
- Who operates MCINTOSH "21"?
- MCINTOSH "21" is operated by Terrace Petroleum Corporation, Railroad Commission of Texas operator number 843265.
- Where is MCINTOSH "21"?
- MCINTOSH "21" is a Texas gas lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 175788.
- Is MCINTOSH "21" still producing?
- MCINTOSH "21" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCINTOSH "21" is August 2026.
- How much has MCINTOSH "21" produced?
- MCINTOSH "21" has reported 1,034,196 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 1999 and August 2026, from 1 wellbore.
- How much is MCINTOSH "21" worth?
- The remaining production from MCINTOSH "21" is estimated to be worth about $30K in total as of 27 August 2026, within a range of $23K to $36K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCINTOSH "21" is a fraction of it. The estimate fits an Arps decline curve to the production MCINTOSH "21" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCINTOSH "21" is an estimate of value, not an offer and not an appraisal.
- How much income does MCINTOSH "21" generate in a year?
- MCINTOSH "21" is forecast to net about $18K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCINTOSH "21" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Terrace Petroleum Corporation |
|---|---|
| Field | Bryant -G- (Devonian) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 175788 |
| Wellbores | 1 |
| Reported production | 1,034,196 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $30K |
Where MCINTOSH "21" 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.