MCKINNON
MCKINNON is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Coastal Plains Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2012 to August 2026, totalling 6,951 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 $78K, with roughly $15K 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 26 barrels a month. Its strongest month on the record we hold was May 2018, at 124 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 MCKINNON
- Who operates MCKINNON?
- MCKINNON is operated by Coastal Plains Energy, Inc., Railroad Commission of Texas operator number 161671.
- Where is MCKINNON?
- MCKINNON is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70468.
- Is MCKINNON still producing?
- MCKINNON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCKINNON is August 2026.
- How much has MCKINNON produced?
- MCKINNON has reported 6,951 barrels of oil (bbl) to the Railroad Commission of Texas between August 2012 and August 2026, from 1 wellbore.
- How much is MCKINNON worth?
- The remaining production from MCKINNON is estimated to be worth about $78K in total as of 26 August 2026, within a range of $43K to $113K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCKINNON is a fraction of it. The estimate fits an Arps decline curve to the production MCKINNON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCKINNON is an estimate of value, not an offer and not an appraisal.
- How much income does MCKINNON generate in a year?
- MCKINNON is forecast to net about $15K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCKINNON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Coastal Plains Energy, Inc. |
|---|---|
| Field | New Era (Glorieta) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 70468 |
| Wellbores | 1 |
| Reported production | 6,951 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $78K |
Where MCKINNON 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.