MCFARLAND-HARDWICK UNIT
MCFARLAND-HARDWICK UNIT is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Wheeler Operating Corporation. It has 5 wellbores on file with the Commission. Reported production runs from February 2019 to August 2026, totalling 11,774 barrels. The lease is intermittent. 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 $2.0M, with roughly $463K 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 711 barrels a month, about 142 per wellbore. Its strongest month on the record we hold was March 2026, at 1,415 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 MCFARLAND-HARDWICK UNIT
- Who operates MCFARLAND-HARDWICK UNIT?
- MCFARLAND-HARDWICK UNIT is operated by Wheeler Operating Corporation, Railroad Commission of Texas operator number 914263.
- Where is MCFARLAND-HARDWICK UNIT?
- MCFARLAND-HARDWICK UNIT is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27858.
- Is MCFARLAND-HARDWICK UNIT still producing?
- MCFARLAND-HARDWICK UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MCFARLAND-HARDWICK UNIT is August 2026.
- How much has MCFARLAND-HARDWICK UNIT produced?
- MCFARLAND-HARDWICK UNIT has reported 11,774 barrels of oil (bbl) to the Railroad Commission of Texas between February 2019 and August 2026, from 5 wellbores.
- How much is MCFARLAND-HARDWICK UNIT worth?
- The remaining production from MCFARLAND-HARDWICK UNIT is estimated to be worth about $2.0M in total as of 27 August 2026, within a range of $1.6M to $2.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCFARLAND-HARDWICK UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MCFARLAND-HARDWICK UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCFARLAND-HARDWICK UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MCFARLAND-HARDWICK UNIT generate in a year?
- MCFARLAND-HARDWICK UNIT is forecast to net about $463K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCFARLAND-HARDWICK UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wheeler Operating Corporation |
|---|---|
| Field | FT. Trinidad (Lewisville 8900) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 27858 |
| Wellbores | 5 |
| Reported production | 11,774 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.0M |
Where MCFARLAND-HARDWICK UNIT 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.