MCCALLUM-SMITH UNIT 1
MCCALLUM-SMITH UNIT 1 is a Texas oil lease in Brazos County, Railroad Commission district 03, operated by Chevron U. S. A. Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 1995 to August 2026, totalling 270,625 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 $779K, with roughly $150K 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 212 barrels a month. Its strongest month on the record we hold was August 2017, at 494 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 MCCALLUM-SMITH UNIT 1
- Who operates MCCALLUM-SMITH UNIT 1?
- MCCALLUM-SMITH UNIT 1 is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is MCCALLUM-SMITH UNIT 1?
- MCCALLUM-SMITH UNIT 1 is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22754.
- Is MCCALLUM-SMITH UNIT 1 still producing?
- MCCALLUM-SMITH UNIT 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCCALLUM-SMITH UNIT 1 is August 2026.
- How much has MCCALLUM-SMITH UNIT 1 produced?
- MCCALLUM-SMITH UNIT 1 has reported 270,625 barrels of oil (bbl) to the Railroad Commission of Texas between May 1995 and August 2026, from 1 wellbore.
- How much is MCCALLUM-SMITH UNIT 1 worth?
- The remaining production from MCCALLUM-SMITH UNIT 1 is estimated to be worth about $779K in total as of 27 August 2026, within a range of $607K to $950K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCCALLUM-SMITH UNIT 1 is a fraction of it. The estimate fits an Arps decline curve to the production MCCALLUM-SMITH UNIT 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCCALLUM-SMITH UNIT 1 is an estimate of value, not an offer and not an appraisal.
- How much income does MCCALLUM-SMITH UNIT 1 generate in a year?
- MCCALLUM-SMITH UNIT 1 is forecast to net about $150K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCCALLUM-SMITH UNIT 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Brazos County, Texas |
| RRC district | 03 |
| Lease number | 22754 |
| Wellbores | 1 |
| Reported production | 270,625 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $779K |
Where MCCALLUM-SMITH UNIT 1 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.