MCPHAUL
MCPHAUL is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Meritage Energy Company, LLC. It has 5 wellbores on file with the Commission. Reported production runs from September 2010 to August 2026, totalling 367,442 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 $343K, with roughly $192K 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 310 barrels a month, about 62 per wellbore. Its strongest month on the record we hold was June 2020, at 3,430 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 MCPHAUL
- Who operates MCPHAUL?
- MCPHAUL is operated by Meritage Energy Company, LLC, Railroad Commission of Texas operator number 561156.
- Where is MCPHAUL?
- MCPHAUL is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40707.
- Is MCPHAUL still producing?
- MCPHAUL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCPHAUL is August 2026.
- How much has MCPHAUL produced?
- MCPHAUL has reported 367,442 barrels of oil (bbl) to the Railroad Commission of Texas between September 2010 and August 2026, from 5 wellbores.
- How much is MCPHAUL worth?
- The remaining production from MCPHAUL is estimated to be worth about $343K in total as of 26 August 2026, within a range of $268K to $419K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCPHAUL is a fraction of it. The estimate fits an Arps decline curve to the production MCPHAUL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCPHAUL is an estimate of value, not an offer and not an appraisal.
- How much income does MCPHAUL generate in a year?
- MCPHAUL is forecast to net about $192K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCPHAUL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Meritage Energy Company, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 40707 |
| Wellbores | 5 |
| Reported production | 367,442 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $343K |
Where MCPHAUL 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.