PRINCE MCM
PRINCE MCM is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 61 wellbores on file with the Commission. Reported production runs from October 2011 to August 2026, totalling 10,408,829 barrels. 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 $48.0M, with roughly $12.0M 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 16,827 barrels a month, about 276 per wellbore. Its strongest month on the record we hold was November 2016, at 304,733 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 PRINCE MCM
- Who operates PRINCE MCM?
- PRINCE MCM is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is PRINCE MCM?
- PRINCE MCM is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15727.
- Is PRINCE MCM still producing?
- PRINCE MCM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRINCE MCM is August 2026.
- How much has PRINCE MCM produced?
- PRINCE MCM has reported 10,408,829 barrels of oil (bbl) to the Railroad Commission of Texas between October 2011 and August 2026, from 61 wellbores.
- How much is PRINCE MCM worth?
- The remaining production from PRINCE MCM is estimated to be worth about $48.0M in total as of 26 August 2026, within a range of $39.4M to $56.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRINCE MCM is a fraction of it. The estimate fits an Arps decline curve to the production PRINCE MCM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRINCE MCM is an estimate of value, not an offer and not an appraisal.
- How much income does PRINCE MCM generate in a year?
- PRINCE MCM is forecast to net about $12.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PRINCE MCM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 15727 |
| Wellbores | 61 |
| Reported production | 10,408,829 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $48.0M |
Where PRINCE MCM 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.