MCCRAW
MCCRAW is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Seitz, J. R. & Adam, Ltd. It has 3 wellbores on file with the Commission. Reported production runs from March 2009 to August 2026, totalling 52,107 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 $245K, with roughly $47K 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 56 barrels a month, about 19 per wellbore. Its strongest month on the record we hold was February 2022, at 225 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 MCCRAW
- Who operates MCCRAW?
- MCCRAW is operated by Seitz, J. R. & Adam, Ltd., Railroad Commission of Texas operator number 764665.
- Where is MCCRAW?
- MCCRAW is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31231.
- Is MCCRAW still producing?
- MCCRAW is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCCRAW is August 2026.
- How much has MCCRAW produced?
- MCCRAW has reported 52,107 barrels of oil (bbl) to the Railroad Commission of Texas between March 2009 and August 2026, from 3 wellbores.
- How much is MCCRAW worth?
- The remaining production from MCCRAW is estimated to be worth about $245K in total as of 26 August 2026, within a range of $135K to $355K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCCRAW is a fraction of it. The estimate fits an Arps decline curve to the production MCCRAW has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCCRAW is an estimate of value, not an offer and not an appraisal.
- How much income does MCCRAW generate in a year?
- MCCRAW is forecast to net about $47K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCCRAW receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seitz, J. R. & Adam, Ltd. |
|---|---|
| Field | Seitz-Mcbride (Strawn) |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 31231 |
| Wellbores | 3 |
| Reported production | 52,107 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $245K |
Where MCCRAW 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.