MCDANIEL
MCDANIEL is a Texas oil lease in Glasscock County, Railroad Commission district 7C, operated by Ped Oil Corporation. It has 3 wellbores on file with the Commission. Reported production runs from November 1995 to August 2026, totalling 31,154 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $5K, with roughly $903 expected over the next twelve months.
| Operator | Ped Oil Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 7C |
| Lease number | 14114 |
| Wellbores | 3 |
| Reported production | 31,154 bbl |
| First reported | November 1995 |
| Last reported | August 2026 |
| Estimated royalty value | $5K |
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.