MCPHEARSON, J. F. 206
MCPHEARSON, J. F. 206 is a Texas oil lease in Van Zandt County, Railroad Commission district 05, operated by Union Oil Company Of California. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 25,725 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 $248K, with roughly $47K 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 51 barrels a month, about 26 per wellbore. Its strongest month on the record we hold was November 2016, at 116 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 MCPHEARSON, J. F. 206
- Who operates MCPHEARSON, J. F. 206?
- MCPHEARSON, J. F. 206 is operated by Union Oil Company Of California, Railroad Commission of Texas operator number 876520.
- Where is MCPHEARSON, J. F. 206?
- MCPHEARSON, J. F. 206 is a Texas oil lease in Van Zandt County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 01921.
- Is MCPHEARSON, J. F. 206 still producing?
- MCPHEARSON, J. F. 206 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCPHEARSON, J. F. 206 is August 2026.
- How much has MCPHEARSON, J. F. 206 produced?
- MCPHEARSON, J. F. 206 has reported 25,725 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is MCPHEARSON, J. F. 206 worth?
- The remaining production from MCPHEARSON, J. F. 206 is estimated to be worth about $248K in total as of 26 August 2026, within a range of $136K to $359K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCPHEARSON, J. F. 206 is a fraction of it. The estimate fits an Arps decline curve to the production MCPHEARSON, J. F. 206 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCPHEARSON, J. F. 206 is an estimate of value, not an offer and not an appraisal.
- How much income does MCPHEARSON, J. F. 206 generate in a year?
- MCPHEARSON, J. F. 206 is forecast to net about $47K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCPHEARSON, J. F. 206 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Oil Company Of California |
|---|---|
| Field | Van (Sub-Clarksville) |
| County | Van Zandt County, Texas |
| RRC district | 05 |
| Lease number | 01921 |
| Wellbores | 2 |
| Reported production | 25,725 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $248K |
Where MCPHEARSON, J. F. 206 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.