PEELER RANCH MCM
PEELER RANCH MCM is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 11 wellbores on file with the Commission. Reported production runs from November 2012 to August 2026, totalling 2,420,430 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 $7.7M, with roughly $2.2M 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 3,629 barrels a month, about 330 per wellbore. Its strongest month on the record we hold was September 2016, at 102,227 barrels. 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 PEELER RANCH MCM
- Who operates PEELER RANCH MCM?
- PEELER RANCH MCM is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is PEELER RANCH MCM?
- PEELER RANCH MCM is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16864.
- Is PEELER RANCH MCM still producing?
- PEELER RANCH MCM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEELER RANCH MCM is August 2026.
- How much has PEELER RANCH MCM produced?
- PEELER RANCH MCM has reported 2,420,430 barrels of oil (bbl) to the Railroad Commission of Texas between November 2012 and August 2026, from 11 wellbores.
- How much is PEELER RANCH MCM worth?
- The remaining production from PEELER RANCH MCM is estimated to be worth about $7.7M in total as of 26 August 2026, within a range of $6.4M to $9.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEELER RANCH MCM is a fraction of it. The estimate fits an Arps decline curve to the production PEELER RANCH MCM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEELER RANCH MCM is an estimate of value, not an offer and not an appraisal.
- How much income does PEELER RANCH MCM generate in a year?
- PEELER RANCH MCM is forecast to net about $2.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PEELER RANCH 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 | 16864 |
| Wellbores | 11 |
| Reported production | 2,420,430 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.7M |
Where PEELER RANCH 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.