MCMICHAEL 59
MCMICHAEL 59 is a Texas oil lease in Hardeman County, Railroad Commission district 09, operated by Enserch Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 1996 to August 2026, totalling 185,641 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 $465K, with roughly $89K 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 107 barrels a month. Its strongest month on the record we hold was October 2021, at 1,234 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 MCMICHAEL 59
- Who operates MCMICHAEL 59?
- MCMICHAEL 59 is operated by Enserch Exploration, Inc, Railroad Commission of Texas operator number 253210.
- Where is MCMICHAEL 59?
- MCMICHAEL 59 is a Texas oil lease in Hardeman County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 29292.
- Is MCMICHAEL 59 still producing?
- MCMICHAEL 59 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCMICHAEL 59 is August 2026.
- How much has MCMICHAEL 59 produced?
- MCMICHAEL 59 has reported 185,641 barrels of oil (bbl) to the Railroad Commission of Texas between December 1996 and August 2026, from 1 wellbore.
- How much is MCMICHAEL 59 worth?
- The remaining production from MCMICHAEL 59 is estimated to be worth about $465K in total as of 27 August 2026, within a range of $363K to $567K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCMICHAEL 59 is a fraction of it. The estimate fits an Arps decline curve to the production MCMICHAEL 59 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCMICHAEL 59 is an estimate of value, not an offer and not an appraisal.
- How much income does MCMICHAEL 59 generate in a year?
- MCMICHAEL 59 is forecast to net about $89K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCMICHAEL 59 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enserch Exploration, Inc |
|---|---|
| Field | Piarist, SW. (Chappel, Up.) |
| County | Hardeman County, Texas |
| RRC district | 09 |
| Lease number | 29292 |
| Wellbores | 1 |
| Reported production | 185,641 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $465K |
Where MCMICHAEL 59 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.