MCGREDE -A-
MCGREDE -A- is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by M A S Operators. It has 20 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 96,123 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 $534K, with roughly $103K 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 93 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was October 2023, at 400 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 MCGREDE -A-
- Who operates MCGREDE -A-?
- MCGREDE -A- is operated by M A S Operators, Railroad Commission of Texas operator number 517761.
- Where is MCGREDE -A-?
- MCGREDE -A- is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 06745.
- Is MCGREDE -A- still producing?
- MCGREDE -A- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCGREDE -A- is August 2026.
- How much has MCGREDE -A- produced?
- MCGREDE -A- has reported 96,123 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 20 wellbores.
- How much is MCGREDE -A- worth?
- The remaining production from MCGREDE -A- is estimated to be worth about $534K in total as of 26 August 2026, within a range of $294K to $775K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCGREDE -A- is a fraction of it. The estimate fits an Arps decline curve to the production MCGREDE -A- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCGREDE -A- is an estimate of value, not an offer and not an appraisal.
- How much income does MCGREDE -A- generate in a year?
- MCGREDE -A- is forecast to net about $103K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCGREDE -A- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | M A S Operators |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 06745 |
| Wellbores | 20 |
| Reported production | 96,123 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $534K |
Where MCGREDE -A- 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.