MCENTIRE
MCENTIRE is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Phillips Petroleum Company. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 94,206 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 $1.2M, with roughly $172K 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 96 barrels a month, about 24 per wellbore. Its strongest month on the record we hold was January 2023, at 184 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 MCENTIRE
- Who operates MCENTIRE?
- MCENTIRE is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is MCENTIRE?
- MCENTIRE is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 28901.
- Is MCENTIRE still producing?
- MCENTIRE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCENTIRE is August 2026.
- How much has MCENTIRE produced?
- MCENTIRE has reported 94,206 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is MCENTIRE worth?
- The remaining production from MCENTIRE is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $640K to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCENTIRE is a fraction of it. The estimate fits an Arps decline curve to the production MCENTIRE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCENTIRE is an estimate of value, not an offer and not an appraisal.
- How much income does MCENTIRE generate in a year?
- MCENTIRE is forecast to net about $172K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCENTIRE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Goldsmith, N. (San Andres, Con.) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 28901 |
| Wellbores | 4 |
| Reported production | 94,206 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where MCENTIRE 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.