MCSWANE GAS UNIT
MCSWANE GAS UNIT is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from May 2002 to August 2026, totalling 252,141 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 $22K, with roughly $3K 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 527 thousand cubic feet a month. Its strongest month on the record we hold was June 2018, at 2,211 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 MCSWANE GAS UNIT
- Who operates MCSWANE GAS UNIT?
- MCSWANE GAS UNIT is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is MCSWANE GAS UNIT?
- MCSWANE GAS UNIT is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 188944.
- Is MCSWANE GAS UNIT still producing?
- MCSWANE GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCSWANE GAS UNIT is August 2026.
- How much has MCSWANE GAS UNIT produced?
- MCSWANE GAS UNIT has reported 252,141 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2002 and August 2026, from 1 wellbore.
- How much is MCSWANE GAS UNIT worth?
- The remaining production from MCSWANE GAS UNIT is estimated to be worth about $22K in total as of 26 August 2026, within a range of $17K to $26K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCSWANE GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MCSWANE GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCSWANE GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MCSWANE GAS UNIT generate in a year?
- MCSWANE GAS UNIT is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCSWANE GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Freestone (Bossier Sand) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 188944 |
| Wellbores | 1 |
| Reported production | 252,141 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $22K |
Where MCSWANE GAS UNIT 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.