MCGEE GAS UNIT
MCGEE GAS UNIT is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by BP America Production Company. It has 1 wellbore on file with the Commission. Reported production runs from July 2002 to August 2026, totalling 1,009,749 thousand cubic feet. 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 $52K, with roughly $12K 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 308 thousand cubic feet a month. Its strongest month on the record we hold was January 2020, at 2,365 thousand cubic feet. 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 MCGEE GAS UNIT
- Who operates MCGEE GAS UNIT?
- MCGEE GAS UNIT is operated by BP America Production Company, Railroad Commission of Texas operator number 040798.
- Where is MCGEE GAS UNIT?
- MCGEE GAS UNIT is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 190824.
- Is MCGEE GAS UNIT still producing?
- MCGEE GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCGEE GAS UNIT is August 2026.
- How much has MCGEE GAS UNIT produced?
- MCGEE GAS UNIT has reported 1,009,749 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2002 and August 2026, from 1 wellbore.
- How much is MCGEE GAS UNIT worth?
- The remaining production from MCGEE GAS UNIT is estimated to be worth about $52K in total as of 26 August 2026, within a range of $41K to $64K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCGEE GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MCGEE GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCGEE GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MCGEE GAS UNIT generate in a year?
- MCGEE GAS UNIT is forecast to net about $12K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCGEE GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BP America Production Company |
|---|---|
| Field | Woodlawn (Pettit) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 190824 |
| Wellbores | 1 |
| Reported production | 1,009,749 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $52K |
Where MCGEE GAS 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.