MCLAIN-MCGARRAUGH 116/125
MCLAIN-MCGARRAUGH 116/125 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from February 2024 to August 2026, totalling 61,075 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $43K, with roughly $14K expected over the next twelve months.
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 09845 |
| Wellbores | 1 |
| Reported production | 61,075 bbl |
| First reported | February 2024 |
| Last reported | August 2026 |
| Estimated royalty value | $43K |
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.