MCLEOD
MCLEOD is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Reserve Management, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2006 to August 2026, totalling 924,258 thousand cubic feet. 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 $158K, with roughly $24K 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 966 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 2,543 thousand cubic feet. 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 MCLEOD
- Who operates MCLEOD?
- MCLEOD is operated by Reserve Management, Inc., Railroad Commission of Texas operator number 703350.
- Where is MCLEOD?
- MCLEOD is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 222539.
- Is MCLEOD still producing?
- MCLEOD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCLEOD is August 2026.
- How much has MCLEOD produced?
- MCLEOD has reported 924,258 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2006 and August 2026, from 1 wellbore.
- How much is MCLEOD worth?
- The remaining production from MCLEOD is estimated to be worth about $158K in total as of 26 August 2026, within a range of $123K to $193K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCLEOD is a fraction of it. The estimate fits an Arps decline curve to the production MCLEOD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCLEOD is an estimate of value, not an offer and not an appraisal.
- How much income does MCLEOD generate in a year?
- MCLEOD is forecast to net about $24K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCLEOD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Reserve Management, Inc. |
|---|---|
| Field | Nan-Su-Gail (CV Consolidated) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 222539 |
| Wellbores | 1 |
| Reported production | 924,258 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $158K |
Where MCLEOD 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.