MCKINNEY, COWAN GMM PROJECT #1
MCKINNEY, COWAN GMM PROJECT #1 is a Texas oil lease in Archer County, Railroad Commission district 09, operated by Kendrick, Paul W. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 5,860 barrels. The lease is intermittent. 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 $34K, with roughly $7K 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 6 barrels a month. Its strongest month on the record we hold was March 2018, at 65 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 MCKINNEY, COWAN GMM PROJECT #1
- Who operates MCKINNEY, COWAN GMM PROJECT #1?
- MCKINNEY, COWAN GMM PROJECT #1 is operated by Kendrick, Paul W., Railroad Commission of Texas operator number 456335.
- Where is MCKINNEY, COWAN GMM PROJECT #1?
- MCKINNEY, COWAN GMM PROJECT #1 is a Texas oil lease in Archer County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 26174.
- Is MCKINNEY, COWAN GMM PROJECT #1 still producing?
- MCKINNEY, COWAN GMM PROJECT #1 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MCKINNEY, COWAN GMM PROJECT #1 is August 2026.
- How much has MCKINNEY, COWAN GMM PROJECT #1 produced?
- MCKINNEY, COWAN GMM PROJECT #1 has reported 5,860 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MCKINNEY, COWAN GMM PROJECT #1 worth?
- The remaining production from MCKINNEY, COWAN GMM PROJECT #1 is estimated to be worth about $34K in total as of 26 August 2026, within a range of $0 to $69K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCKINNEY, COWAN GMM PROJECT #1 is a fraction of it. The estimate fits an Arps decline curve to the production MCKINNEY, COWAN GMM PROJECT #1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCKINNEY, COWAN GMM PROJECT #1 is an estimate of value, not an offer and not an appraisal.
- How much income does MCKINNEY, COWAN GMM PROJECT #1 generate in a year?
- MCKINNEY, COWAN GMM PROJECT #1 is forecast to net about $7K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCKINNEY, COWAN GMM PROJECT #1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kendrick, Paul W. |
|---|---|
| Field | Archer County Regular |
| County | Archer County, Texas |
| RRC district | 09 |
| Lease number | 26174 |
| Wellbores | 1 |
| Reported production | 5,860 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $34K |
Where MCKINNEY, COWAN GMM PROJECT #1 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.