MCGEORGE
MCGEORGE is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by Arco Oil & Gas Co. It has 8 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 217,536 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 $1.1M, with roughly $242K 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 326 barrels a month, about 41 per wellbore. Its strongest month on the record we hold was April 2022, at 606 barrels. 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 MCGEORGE
- Who operates MCGEORGE?
- MCGEORGE is operated by Arco Oil & Gas Co., Railroad Commission of Texas operator number 029340.
- Where is MCGEORGE?
- MCGEORGE is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 06130.
- Is MCGEORGE still producing?
- MCGEORGE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCGEORGE is August 2026.
- How much has MCGEORGE produced?
- MCGEORGE has reported 217,536 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 8 wellbores.
- How much is MCGEORGE worth?
- The remaining production from MCGEORGE is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $851K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCGEORGE is a fraction of it. The estimate fits an Arps decline curve to the production MCGEORGE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCGEORGE is an estimate of value, not an offer and not an appraisal.
- How much income does MCGEORGE generate in a year?
- MCGEORGE is forecast to net about $242K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCGEORGE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Arco Oil & Gas Co. |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 06130 |
| Wellbores | 8 |
| Reported production | 217,536 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where MCGEORGE 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.