RENEE
RENEE is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Mcrae Energy Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 22,396 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 $368K, with roughly $71K 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 87 barrels a month. Its strongest month on the record we hold was August 2022, at 364 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 RENEE
- Who operates RENEE?
- RENEE is operated by Mcrae Energy Corp., Railroad Commission of Texas operator number 555890.
- Where is RENEE?
- RENEE is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 09941.
- Is RENEE still producing?
- RENEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RENEE is August 2026.
- How much has RENEE produced?
- RENEE has reported 22,396 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is RENEE worth?
- The remaining production from RENEE is estimated to be worth about $368K in total as of 27 August 2026, within a range of $202K to $534K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RENEE is a fraction of it. The estimate fits an Arps decline curve to the production RENEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RENEE is an estimate of value, not an offer and not an appraisal.
- How much income does RENEE generate in a year?
- RENEE is forecast to net about $71K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RENEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mcrae Energy Corp. |
|---|---|
| Field | Peach Creek (Austin Chalk) |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 09941 |
| Wellbores | 1 |
| Reported production | 22,396 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $368K |
Where RENEE 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.