MCCRARY 18B
MCCRARY 18B is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Encana Oil & Gas(USA) Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2014 to August 2026, totalling 320,306 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 $522K 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 1,240 barrels a month. Its strongest month on the record we hold was May 2016, at 4,612 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 MCCRARY 18B
- Who operates MCCRARY 18B?
- MCCRARY 18B is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is MCCRARY 18B?
- MCCRARY 18B is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46535.
- Is MCCRARY 18B still producing?
- MCCRARY 18B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCCRARY 18B is August 2026.
- How much has MCCRARY 18B produced?
- MCCRARY 18B has reported 320,306 barrels of oil (bbl) to the Railroad Commission of Texas between December 2014 and August 2026, from 1 wellbore.
- How much is MCCRARY 18B worth?
- The remaining production from MCCRARY 18B is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.1M to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCCRARY 18B is a fraction of it. The estimate fits an Arps decline curve to the production MCCRARY 18B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCCRARY 18B is an estimate of value, not an offer and not an appraisal.
- How much income does MCCRARY 18B generate in a year?
- MCCRARY 18B is forecast to net about $522K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCCRARY 18B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 46535 |
| Wellbores | 1 |
| Reported production | 320,306 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where MCCRARY 18B 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.