DIX-MCKEAN "B" UNIT
DIX-MCKEAN "B" UNIT is a Texas oil lease in Guadalupe County, Railroad Commission district 01, operated by Meridian Oil Production Inc. It has 16 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 353,519 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 $1.3M, with roughly $499K 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 897 barrels a month, about 56 per wellbore. Its strongest month on the record we hold was December 2023, at 1,471 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 DIX-MCKEAN "B" UNIT
- Who operates DIX-MCKEAN "B" UNIT?
- DIX-MCKEAN "B" UNIT is operated by Meridian Oil Production Inc., Railroad Commission of Texas operator number 561133.
- Where is DIX-MCKEAN "B" UNIT?
- DIX-MCKEAN "B" UNIT is a Texas oil lease in Guadalupe County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 02788.
- Is DIX-MCKEAN "B" UNIT still producing?
- DIX-MCKEAN "B" UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DIX-MCKEAN "B" UNIT is August 2026.
- How much has DIX-MCKEAN "B" UNIT produced?
- DIX-MCKEAN "B" UNIT has reported 353,519 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 16 wellbores.
- How much is DIX-MCKEAN "B" UNIT worth?
- The remaining production from DIX-MCKEAN "B" UNIT is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $991K to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DIX-MCKEAN "B" UNIT is a fraction of it. The estimate fits an Arps decline curve to the production DIX-MCKEAN "B" UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DIX-MCKEAN "B" UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does DIX-MCKEAN "B" UNIT generate in a year?
- DIX-MCKEAN "B" UNIT is forecast to net about $499K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DIX-MCKEAN "B" UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Meridian Oil Production Inc. |
|---|---|
| Field | Darst Creek (Edwards) |
| County | Guadalupe County, Texas |
| RRC district | 01 |
| Lease number | 02788 |
| Wellbores | 16 |
| Reported production | 353,519 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where DIX-MCKEAN "B" UNIT 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.