MCKENZIE UNIT L
MCKENZIE UNIT L is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 2 wellbores on file with the Commission. Reported production runs from August 2012 to August 2026, totalling 323,476 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 $425K, with roughly $80K 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 113 barrels a month, about 57 per wellbore. Its strongest month on the record we hold was May 2016, at 3,132 barrels. 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 MCKENZIE UNIT L
- Who operates MCKENZIE UNIT L?
- MCKENZIE UNIT L is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is MCKENZIE UNIT L?
- MCKENZIE UNIT L is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16283.
- Is MCKENZIE UNIT L still producing?
- MCKENZIE UNIT L is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCKENZIE UNIT L is August 2026.
- How much has MCKENZIE UNIT L produced?
- MCKENZIE UNIT L has reported 323,476 barrels of oil (bbl) to the Railroad Commission of Texas between August 2012 and August 2026, from 2 wellbores.
- How much is MCKENZIE UNIT L worth?
- The remaining production from MCKENZIE UNIT L is estimated to be worth about $425K in total as of 26 August 2026, within a range of $332K to $519K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCKENZIE UNIT L is a fraction of it. The estimate fits an Arps decline curve to the production MCKENZIE UNIT L has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCKENZIE UNIT L is an estimate of value, not an offer and not an appraisal.
- How much income does MCKENZIE UNIT L generate in a year?
- MCKENZIE UNIT L is forecast to net about $80K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCKENZIE UNIT L 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 | 16283 |
| Wellbores | 2 |
| Reported production | 323,476 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $425K |
Where MCKENZIE UNIT L 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.