MCGEORGE, PERCY
MCGEORGE, PERCY is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Arco Oil & Gas Co. It has 13 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 178,825 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 $298K, with roughly $57K 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 128 barrels a month, about 10 per wellbore. Its strongest month on the record we hold was June 2017, at 463 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 MCGEORGE, PERCY
- Who operates MCGEORGE, PERCY?
- MCGEORGE, PERCY is operated by Arco Oil & Gas Co., Railroad Commission of Texas operator number 029340.
- Where is MCGEORGE, PERCY?
- MCGEORGE, PERCY is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 02488.
- Is MCGEORGE, PERCY still producing?
- MCGEORGE, PERCY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCGEORGE, PERCY is August 2026.
- How much has MCGEORGE, PERCY produced?
- MCGEORGE, PERCY has reported 178,825 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 13 wellbores.
- How much is MCGEORGE, PERCY worth?
- The remaining production from MCGEORGE, PERCY is estimated to be worth about $298K in total as of 26 August 2026, within a range of $233K to $364K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCGEORGE, PERCY is a fraction of it. The estimate fits an Arps decline curve to the production MCGEORGE, PERCY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCGEORGE, PERCY is an estimate of value, not an offer and not an appraisal.
- How much income does MCGEORGE, PERCY generate in a year?
- MCGEORGE, PERCY is forecast to net about $57K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCGEORGE, PERCY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Arco Oil & Gas Co. |
|---|---|
| Field | Walnut Bend (Cox) |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 02488 |
| Wellbores | 13 |
| Reported production | 178,825 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $298K |
Where MCGEORGE, PERCY 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.