MCCORD
MCCORD is a Texas oil lease in Archer County, Railroad Commission district 09, operated by Addax Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2010 to August 2026, totalling 26,664 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 $180K, with roughly $34K 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 54 barrels a month. Its strongest month on the record we hold was December 2017, at 158 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 MCCORD
- Who operates MCCORD?
- MCCORD is operated by Addax Operating, LLC, Railroad Commission of Texas operator number 007858.
- Where is MCCORD?
- MCCORD is a Texas oil lease in Archer County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31616.
- Is MCCORD still producing?
- MCCORD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCCORD is August 2026.
- How much has MCCORD produced?
- MCCORD has reported 26,664 barrels of oil (bbl) to the Railroad Commission of Texas between May 2010 and August 2026, from 1 wellbore.
- How much is MCCORD worth?
- The remaining production from MCCORD is estimated to be worth about $180K in total as of 26 August 2026, within a range of $99K to $262K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCCORD is a fraction of it. The estimate fits an Arps decline curve to the production MCCORD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCCORD is an estimate of value, not an offer and not an appraisal.
- How much income does MCCORD generate in a year?
- MCCORD is forecast to net about $34K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCCORD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Addax Operating, LLC |
|---|---|
| Field | Vogtsberger, South(Conglomerate) |
| County | Archer County, Texas |
| RRC district | 09 |
| Lease number | 31616 |
| Wellbores | 1 |
| Reported production | 26,664 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $180K |
Where MCCORD 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.