MCGHEE
MCGHEE is a Texas oil lease in Clay County, Railroad Commission district 09, operated by Winco Petroleum Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 12,643 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 $39K, 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 20 barrels a month, about 10 per wellbore. Its strongest month on the record we hold was August 2025, at 131 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 MCGHEE
- Who operates MCGHEE?
- MCGHEE is operated by Winco Petroleum Company, Railroad Commission of Texas operator number 931335.
- Where is MCGHEE?
- MCGHEE is a Texas oil lease in Clay County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 26213.
- Is MCGHEE still producing?
- MCGHEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCGHEE is August 2026.
- How much has MCGHEE produced?
- MCGHEE has reported 12,643 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is MCGHEE worth?
- The remaining production from MCGHEE is estimated to be worth about $39K in total as of 26 August 2026, within a range of $21K to $56K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCGHEE is a fraction of it. The estimate fits an Arps decline curve to the production MCGHEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCGHEE is an estimate of value, not an offer and not an appraisal.
- How much income does MCGHEE generate in a year?
- MCGHEE 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 MCGHEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Winco Petroleum Company |
|---|---|
| Field | Vashti, N.E. (Congl.) |
| County | Clay County, Texas |
| RRC district | 09 |
| Lease number | 26213 |
| Wellbores | 2 |
| Reported production | 12,643 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $39K |
Where MCGHEE 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.