MCLAUGHLIN
MCLAUGHLIN is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Penwell Energy, Inc. It has 2 wellbores on file with the Commission. Reported production runs from July 1996 to August 2026, totalling 176,636 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 $330K, with roughly $64K 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 94 barrels a month, about 47 per wellbore. Its strongest month on the record we hold was September 2021, at 276 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 MCLAUGHLIN
- Who operates MCLAUGHLIN?
- MCLAUGHLIN is operated by Penwell Energy, Inc., Railroad Commission of Texas operator number 652943.
- Where is MCLAUGHLIN?
- MCLAUGHLIN is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 67623.
- Is MCLAUGHLIN still producing?
- MCLAUGHLIN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCLAUGHLIN is August 2026.
- How much has MCLAUGHLIN produced?
- MCLAUGHLIN has reported 176,636 barrels of oil (bbl) to the Railroad Commission of Texas between July 1996 and August 2026, from 2 wellbores.
- How much is MCLAUGHLIN worth?
- The remaining production from MCLAUGHLIN is estimated to be worth about $330K in total as of 26 August 2026, within a range of $182K to $479K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCLAUGHLIN is a fraction of it. The estimate fits an Arps decline curve to the production MCLAUGHLIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCLAUGHLIN is an estimate of value, not an offer and not an appraisal.
- How much income does MCLAUGHLIN generate in a year?
- MCLAUGHLIN is forecast to net about $64K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCLAUGHLIN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Penwell Energy, Inc. |
|---|---|
| Field | Sable, S. (Wolfcamp) |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 67623 |
| Wellbores | 2 |
| Reported production | 176,636 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $330K |
Where MCLAUGHLIN 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.