MCHANEY, W. E.
MCHANEY, W. E. is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by M-C Production & Drilling Co,Inc. It has 11 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 23,654 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 $194K, with roughly $37K 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 54 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was October 2017, at 183 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 MCHANEY, W. E.
- Who operates MCHANEY, W. E.?
- MCHANEY, W. E. is operated by M-C Production & Drilling Co,Inc, Railroad Commission of Texas operator number 518063.
- Where is MCHANEY, W. E.?
- MCHANEY, W. E. is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 06577.
- Is MCHANEY, W. E. still producing?
- MCHANEY, W. E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCHANEY, W. E. is August 2026.
- How much has MCHANEY, W. E. produced?
- MCHANEY, W. E. has reported 23,654 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 11 wellbores.
- How much is MCHANEY, W. E. worth?
- The remaining production from MCHANEY, W. E. is estimated to be worth about $194K in total as of 26 August 2026, within a range of $107K to $281K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCHANEY, W. E. is a fraction of it. The estimate fits an Arps decline curve to the production MCHANEY, W. E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCHANEY, W. E. is an estimate of value, not an offer and not an appraisal.
- How much income does MCHANEY, W. E. generate in a year?
- MCHANEY, W. E. is forecast to net about $37K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCHANEY, W. E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | M-C Production & Drilling Co,Inc |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 06577 |
| Wellbores | 11 |
| Reported production | 23,654 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $194K |
Where MCHANEY, W. E. 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.