MCNEILL, MURIEL T.
MCNEILL, MURIEL T. is a Texas oil lease in Gaines County, Railroad Commission district 08, operated by Western Reserves Oil Company Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 51,971 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 $362K, with roughly $70K 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 103 barrels a month. Its strongest month on the record we hold was March 2025, at 220 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 MCNEILL, MURIEL T.
- Who operates MCNEILL, MURIEL T.?
- MCNEILL, MURIEL T. is operated by Western Reserves Oil Company Inc, Railroad Commission of Texas operator number 912220.
- Where is MCNEILL, MURIEL T.?
- MCNEILL, MURIEL T. is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 23724.
- Is MCNEILL, MURIEL T. still producing?
- MCNEILL, MURIEL T. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCNEILL, MURIEL T. is August 2026.
- How much has MCNEILL, MURIEL T. produced?
- MCNEILL, MURIEL T. has reported 51,971 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MCNEILL, MURIEL T. worth?
- The remaining production from MCNEILL, MURIEL T. is estimated to be worth about $362K in total as of 26 August 2026, within a range of $282K to $441K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCNEILL, MURIEL T. is a fraction of it. The estimate fits an Arps decline curve to the production MCNEILL, MURIEL T. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCNEILL, MURIEL T. is an estimate of value, not an offer and not an appraisal.
- How much income does MCNEILL, MURIEL T. generate in a year?
- MCNEILL, MURIEL T. is forecast to net about $70K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCNEILL, MURIEL T. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Western Reserves Oil Company Inc |
|---|---|
| Field | Block A-28 (Wichita-Albany) |
| County | Gaines County, Texas |
| RRC district | 08 |
| Lease number | 23724 |
| Wellbores | 1 |
| Reported production | 51,971 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $362K |
Where MCNEILL, MURIEL T. 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.