MCPHERSON -B-
MCPHERSON -B- is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by Oxy USA Inc. It has 13 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 958,786 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 $2.3M, with roughly $519K 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 772 barrels a month, about 59 per wellbore. Its strongest month on the record we hold was July 2023, at 904 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 MCPHERSON -B-
- Who operates MCPHERSON -B-?
- MCPHERSON -B- is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
- Where is MCPHERSON -B-?
- MCPHERSON -B- is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 06391.
- Is MCPHERSON -B- still producing?
- MCPHERSON -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCPHERSON -B- is August 2026.
- How much has MCPHERSON -B- produced?
- MCPHERSON -B- has reported 958,786 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 13 wellbores.
- How much is MCPHERSON -B- worth?
- The remaining production from MCPHERSON -B- is estimated to be worth about $2.3M in total as of 26 August 2026, within a range of $1.8M to $2.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCPHERSON -B- is a fraction of it. The estimate fits an Arps decline curve to the production MCPHERSON -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCPHERSON -B- is an estimate of value, not an offer and not an appraisal.
- How much income does MCPHERSON -B- generate in a year?
- MCPHERSON -B- is forecast to net about $519K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCPHERSON -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA Inc. |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 06391 |
| Wellbores | 13 |
| Reported production | 958,786 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.3M |
Where MCPHERSON -B- 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.