MCGEE, SALLY
MCGEE, SALLY is a Texas oil lease in Van Zandt County, Railroad Commission district 05, operated by Owens Drilling & Services. It has 10 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 18,315 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 $209K, with roughly $40K 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 62 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was March 2018, at 320 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 MCGEE, SALLY
- Who operates MCGEE, SALLY?
- MCGEE, SALLY is operated by Owens Drilling & Services, Railroad Commission of Texas operator number 629120.
- Where is MCGEE, SALLY?
- MCGEE, SALLY is a Texas oil lease in Van Zandt County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 01218.
- Is MCGEE, SALLY still producing?
- MCGEE, SALLY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCGEE, SALLY is August 2026.
- How much has MCGEE, SALLY produced?
- MCGEE, SALLY has reported 18,315 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 10 wellbores.
- How much is MCGEE, SALLY worth?
- The remaining production from MCGEE, SALLY is estimated to be worth about $209K in total as of 27 August 2026, within a range of $115K to $303K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCGEE, SALLY is a fraction of it. The estimate fits an Arps decline curve to the production MCGEE, SALLY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCGEE, SALLY is an estimate of value, not an offer and not an appraisal.
- How much income does MCGEE, SALLY generate in a year?
- MCGEE, SALLY is forecast to net about $40K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCGEE, SALLY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Owens Drilling & Services |
|---|---|
| Field | Van (Shallow) |
| County | Van Zandt County, Texas |
| RRC district | 05 |
| Lease number | 01218 |
| Wellbores | 10 |
| Reported production | 18,315 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $209K |
Where MCGEE, SALLY 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.