MCMURRY "B"
MCMURRY "B" is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Hanley Petroleum Inc. It has 18 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 735,270 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 $902K, with roughly $164K 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 205 barrels a month, about 11 per wellbore. Its strongest month on the record we hold was February 2018, at 10,496 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 MCMURRY "B"
- Who operates MCMURRY "B"?
- MCMURRY "B" is operated by Hanley Petroleum Inc., Railroad Commission of Texas operator number 354793.
- Where is MCMURRY "B"?
- MCMURRY "B" is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 23468.
- Is MCMURRY "B" still producing?
- MCMURRY "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCMURRY "B" is August 2026.
- How much has MCMURRY "B" produced?
- MCMURRY "B" has reported 735,270 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 18 wellbores.
- How much is MCMURRY "B" worth?
- The remaining production from MCMURRY "B" is estimated to be worth about $902K in total as of 27 August 2026, within a range of $704K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCMURRY "B" is a fraction of it. The estimate fits an Arps decline curve to the production MCMURRY "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCMURRY "B" is an estimate of value, not an offer and not an appraisal.
- How much income does MCMURRY "B" generate in a year?
- MCMURRY "B" is forecast to net about $164K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCMURRY "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hanley Petroleum Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 23468 |
| Wellbores | 18 |
| Reported production | 735,270 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $902K |
Where MCMURRY "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.