MCLENDON 47
MCLENDON 47 is a Texas oil lease in Borden County, Railroad Commission district 8A, operated by Red Willow Production, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2012 to August 2026, totalling 47,020 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 $814K, with roughly $157K 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 210 barrels a month. Its strongest month on the record we hold was January 2024, at 503 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 MCLENDON 47
- Who operates MCLENDON 47?
- MCLENDON 47 is operated by Red Willow Production, LLC, Railroad Commission of Texas operator number 697104.
- Where is MCLENDON 47?
- MCLENDON 47 is a Texas oil lease in Borden County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70034.
- Is MCLENDON 47 still producing?
- MCLENDON 47 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCLENDON 47 is August 2026.
- How much has MCLENDON 47 produced?
- MCLENDON 47 has reported 47,020 barrels of oil (bbl) to the Railroad Commission of Texas between May 2012 and August 2026, from 1 wellbore.
- How much is MCLENDON 47 worth?
- The remaining production from MCLENDON 47 is estimated to be worth about $814K in total as of 26 August 2026, within a range of $635K to $994K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCLENDON 47 is a fraction of it. The estimate fits an Arps decline curve to the production MCLENDON 47 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCLENDON 47 is an estimate of value, not an offer and not an appraisal.
- How much income does MCLENDON 47 generate in a year?
- MCLENDON 47 is forecast to net about $157K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCLENDON 47 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Red Willow Production, LLC |
|---|---|
| Field | Jo-Mill (Spraberry) |
| County | Borden County, Texas |
| RRC district | 8A |
| Lease number | 70034 |
| Wellbores | 1 |
| Reported production | 47,020 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $814K |
Where MCLENDON 47 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.