MCLEOD UNIT
MCLEOD UNIT is a Texas gas lease in Cherokee County, Railroad Commission district 06, operated by Largo Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 256,125 thousand cubic feet. 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 $4K, with roughly $457 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 19 thousand cubic feet a month. Its strongest month on the record we hold was September 2016, at 727 thousand cubic feet. 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 MCLEOD UNIT
- Who operates MCLEOD UNIT?
- MCLEOD UNIT is operated by Largo Oil Company, Railroad Commission of Texas operator number 486640.
- Where is MCLEOD UNIT?
- MCLEOD UNIT is a Texas gas lease in Cherokee County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 093533.
- Is MCLEOD UNIT still producing?
- MCLEOD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCLEOD UNIT is August 2026.
- How much has MCLEOD UNIT produced?
- MCLEOD UNIT has reported 256,125 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MCLEOD UNIT worth?
- The remaining production from MCLEOD UNIT is estimated to be worth about $4K in total as of 26 August 2026, within a range of $2K to $5K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCLEOD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MCLEOD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCLEOD UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MCLEOD UNIT generate in a year?
- MCLEOD UNIT is forecast to net about $457 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCLEOD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Largo Oil Company |
|---|---|
| Field | Sym-Jac, West (Hosston) |
| County | Cherokee County, Texas |
| RRC district | 06 |
| Lease number | 093533 |
| Wellbores | 1 |
| Reported production | 256,125 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where MCLEOD 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.