MCDERMOTT, C. W.
MCDERMOTT, C. W. is a Texas oil lease in Colorado County, Railroad Commission district 03, operated by Mitchell Energy Corporation. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 194,094 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 $355K, with roughly $68K 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 99 barrels a month, about 50 per wellbore. Its strongest month on the record we hold was May 2016, at 336 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 MCDERMOTT, C. W.
- Who operates MCDERMOTT, C. W.?
- MCDERMOTT, C. W. is operated by Mitchell Energy Corporation, Railroad Commission of Texas operator number 570655.
- Where is MCDERMOTT, C. W.?
- MCDERMOTT, C. W. is a Texas oil lease in Colorado County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 20827.
- Is MCDERMOTT, C. W. still producing?
- MCDERMOTT, C. W. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCDERMOTT, C. W. is August 2026.
- How much has MCDERMOTT, C. W. produced?
- MCDERMOTT, C. W. has reported 194,094 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is MCDERMOTT, C. W. worth?
- The remaining production from MCDERMOTT, C. W. is estimated to be worth about $355K in total as of 27 August 2026, within a range of $195K to $514K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCDERMOTT, C. W. is a fraction of it. The estimate fits an Arps decline curve to the production MCDERMOTT, C. W. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCDERMOTT, C. W. is an estimate of value, not an offer and not an appraisal.
- How much income does MCDERMOTT, C. W. generate in a year?
- MCDERMOTT, C. W. is forecast to net about $68K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCDERMOTT, C. W. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mitchell Energy Corporation |
|---|---|
| Field | Nada, E. (Ammann 6500) |
| County | Colorado County, Texas |
| RRC district | 03 |
| Lease number | 20827 |
| Wellbores | 2 |
| Reported production | 194,094 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $355K |
Where MCDERMOTT, C. W. 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.