MCDERMAND
MCDERMAND is a Texas oil lease in Jefferson County, Railroad Commission district 03, operated by SV Energy Company, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2012 to August 2026, totalling 127,308 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 $690K, with roughly $133K 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 190 barrels a month. Its strongest month on the record we hold was March 2019, at 1,134 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 MCDERMAND
- Who operates MCDERMAND?
- MCDERMAND is operated by SV Energy Company, LLC, Railroad Commission of Texas operator number 831396.
- Where is MCDERMAND?
- MCDERMAND is a Texas oil lease in Jefferson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26620.
- Is MCDERMAND still producing?
- MCDERMAND is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCDERMAND is August 2026.
- How much has MCDERMAND produced?
- MCDERMAND has reported 127,308 barrels of oil (bbl) to the Railroad Commission of Texas between December 2012 and August 2026, from 1 wellbore.
- How much is MCDERMAND worth?
- The remaining production from MCDERMAND is estimated to be worth about $690K in total as of 26 August 2026, within a range of $538K to $841K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCDERMAND is a fraction of it. The estimate fits an Arps decline curve to the production MCDERMAND has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCDERMAND is an estimate of value, not an offer and not an appraisal.
- How much income does MCDERMAND generate in a year?
- MCDERMAND is forecast to net about $133K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCDERMAND receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SV Energy Company, LLC |
|---|---|
| Field | Nome, South (Nodosaria 8600) |
| County | Jefferson County, Texas |
| RRC district | 03 |
| Lease number | 26620 |
| Wellbores | 1 |
| Reported production | 127,308 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $690K |
Where MCDERMAND 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.