LANGHAM
LANGHAM is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Mcclelland Creek Properties,Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 13,819 barrels. The lease is intermittent. 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 $4K, with roughly $754 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 1 barrels a month. Its strongest month on the record we hold was August 2017, at 12 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 LANGHAM
- Who operates LANGHAM?
- LANGHAM is operated by Mcclelland Creek Properties,Inc., Railroad Commission of Texas operator number 540354.
- Where is LANGHAM?
- LANGHAM is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 04862.
- Is LANGHAM still producing?
- LANGHAM is intermittent. The most recent month of production reported to the Railroad Commission of Texas for LANGHAM is August 2026.
- How much has LANGHAM produced?
- LANGHAM has reported 13,819 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is LANGHAM worth?
- The remaining production from LANGHAM is estimated to be worth about $4K in total as of 26 August 2026, within a range of $0 to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LANGHAM is a fraction of it. The estimate fits an Arps decline curve to the production LANGHAM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LANGHAM is an estimate of value, not an offer and not an appraisal.
- How much income does LANGHAM generate in a year?
- LANGHAM is forecast to net about $754 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LANGHAM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mcclelland Creek Properties,Inc. |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 04862 |
| Wellbores | 1 |
| Reported production | 13,819 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where LANGHAM 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.