MCCLURG-EWING-GILBERT UNIT
MCCLURG-EWING-GILBERT UNIT is a Texas oil lease in Wise County, Railroad Commission district 09, operated by Richey, Ray Management Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 1998 to August 2026, totalling 12,277 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 $118K, with roughly $21K 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 26 barrels a month. Its strongest month on the record we hold was June 2021, at 205 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 MCCLURG-EWING-GILBERT UNIT
- Who operates MCCLURG-EWING-GILBERT UNIT?
- MCCLURG-EWING-GILBERT UNIT is operated by Richey, Ray Management Co., Inc., Railroad Commission of Texas operator number 709694.
- Where is MCCLURG-EWING-GILBERT UNIT?
- MCCLURG-EWING-GILBERT UNIT is a Texas oil lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 29485.
- Is MCCLURG-EWING-GILBERT UNIT still producing?
- MCCLURG-EWING-GILBERT UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MCCLURG-EWING-GILBERT UNIT is August 2026.
- How much has MCCLURG-EWING-GILBERT UNIT produced?
- MCCLURG-EWING-GILBERT UNIT has reported 12,277 barrels of oil (bbl) to the Railroad Commission of Texas between March 1998 and August 2026, from 1 wellbore.
- How much is MCCLURG-EWING-GILBERT UNIT worth?
- The remaining production from MCCLURG-EWING-GILBERT UNIT is estimated to be worth about $118K in total as of 26 August 2026, within a range of $65K to $171K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCCLURG-EWING-GILBERT UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MCCLURG-EWING-GILBERT UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCCLURG-EWING-GILBERT UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MCCLURG-EWING-GILBERT UNIT generate in a year?
- MCCLURG-EWING-GILBERT UNIT is forecast to net about $21K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCCLURG-EWING-GILBERT UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Richey, Ray Management Co., Inc. |
|---|---|
| Field | Risch, Se. (Caddo Congl.) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 29485 |
| Wellbores | 1 |
| Reported production | 12,277 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $118K |
Where MCCLURG-EWING-GILBERT UNIT 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.