MCCOY
MCCOY is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Chesapeake Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from September 2019 to August 2026, totalling 297,973 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 $4.6M, with roughly $1.2M 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 1,575 barrels a month. Its strongest month on the record we hold was October 2019, at 20,755 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 MCCOY
- Who operates MCCOY?
- MCCOY is operated by Chesapeake Operating, L.L.C., Railroad Commission of Texas operator number 147699.
- Where is MCCOY?
- MCCOY is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27722.
- Is MCCOY still producing?
- MCCOY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCCOY is August 2026.
- How much has MCCOY produced?
- MCCOY has reported 297,973 barrels of oil (bbl) to the Railroad Commission of Texas between September 2019 and August 2026, from 1 wellbore.
- How much is MCCOY worth?
- The remaining production from MCCOY is estimated to be worth about $4.6M in total as of 26 August 2026, within a range of $3.8M to $5.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCCOY is a fraction of it. The estimate fits an Arps decline curve to the production MCCOY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCCOY is an estimate of value, not an offer and not an appraisal.
- How much income does MCCOY generate in a year?
- MCCOY is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCCOY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, L.L.C. |
|---|---|
| Field | Giddings (Eagleford) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 27722 |
| Wellbores | 1 |
| Reported production | 297,973 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.6M |
Where MCCOY 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.