MCKNIGHT, M.B. 21
MCKNIGHT, M.B. 21 is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Williams Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from March 2006 to August 2026, totalling 74,381 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 $531K, with roughly $93K 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 108 barrels a month. Its strongest month on the record we hold was May 2016, at 576 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 MCKNIGHT, M.B. 21
- Who operates MCKNIGHT, M.B. 21?
- MCKNIGHT, M.B. 21 is operated by Williams Oil Company, Railroad Commission of Texas operator number 925440.
- Where is MCKNIGHT, M.B. 21?
- MCKNIGHT, M.B. 21 is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 37693.
- Is MCKNIGHT, M.B. 21 still producing?
- MCKNIGHT, M.B. 21 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCKNIGHT, M.B. 21 is August 2026.
- How much has MCKNIGHT, M.B. 21 produced?
- MCKNIGHT, M.B. 21 has reported 74,381 barrels of oil (bbl) to the Railroad Commission of Texas between March 2006 and August 2026, from 1 wellbore.
- How much is MCKNIGHT, M.B. 21 worth?
- The remaining production from MCKNIGHT, M.B. 21 is estimated to be worth about $531K in total as of 27 August 2026, within a range of $414K to $647K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCKNIGHT, M.B. 21 is a fraction of it. The estimate fits an Arps decline curve to the production MCKNIGHT, M.B. 21 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCKNIGHT, M.B. 21 is an estimate of value, not an offer and not an appraisal.
- How much income does MCKNIGHT, M.B. 21 generate in a year?
- MCKNIGHT, M.B. 21 is forecast to net about $93K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCKNIGHT, M.B. 21 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Williams Oil Company |
|---|---|
| Field | Armer (6350) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 37693 |
| Wellbores | 1 |
| Reported production | 74,381 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $531K |
Where MCKNIGHT, M.B. 21 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.