GREEN MCNEAL 0408
GREEN MCNEAL 0408 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Oxy USA Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2016 to August 2026, totalling 286,478 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 $2.7M, with roughly $862K 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 1,499 barrels a month. Its strongest month on the record we hold was May 2016, at 17,438 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 GREEN MCNEAL 0408
- Who operates GREEN MCNEAL 0408?
- GREEN MCNEAL 0408 is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
- Where is GREEN MCNEAL 0408?
- GREEN MCNEAL 0408 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47869.
- Is GREEN MCNEAL 0408 still producing?
- GREEN MCNEAL 0408 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREEN MCNEAL 0408 is August 2026.
- How much has GREEN MCNEAL 0408 produced?
- GREEN MCNEAL 0408 has reported 286,478 barrels of oil (bbl) to the Railroad Commission of Texas between April 2016 and August 2026, from 1 wellbore.
- How much is GREEN MCNEAL 0408 worth?
- The remaining production from GREEN MCNEAL 0408 is estimated to be worth about $2.7M in total as of 26 August 2026, within a range of $2.2M to $3.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GREEN MCNEAL 0408 is a fraction of it. The estimate fits an Arps decline curve to the production GREEN MCNEAL 0408 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREEN MCNEAL 0408 is an estimate of value, not an offer and not an appraisal.
- How much income does GREEN MCNEAL 0408 generate in a year?
- GREEN MCNEAL 0408 is forecast to net about $862K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GREEN MCNEAL 0408 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 47869 |
| Wellbores | 1 |
| Reported production | 286,478 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.7M |
Where GREEN MCNEAL 0408 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.