MCBRIDE GAS UNIT NO. 1
MCBRIDE GAS UNIT NO. 1 is a Texas gas lease in Leon County, Railroad Commission district 05, operated by Sabine Oil & Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from May 2017 to August 2026, totalling 2,778,656 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 $1.6M, with roughly $379K 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 13,921 thousand cubic feet a month. Its strongest month on the record we hold was August 2017, at 44,856 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 MCBRIDE GAS UNIT NO. 1
- Who operates MCBRIDE GAS UNIT NO. 1?
- MCBRIDE GAS UNIT NO. 1 is operated by Sabine Oil & Gas Corporation, Railroad Commission of Texas operator number 742143.
- Where is MCBRIDE GAS UNIT NO. 1?
- MCBRIDE GAS UNIT NO. 1 is a Texas gas lease in Leon County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 282970.
- Is MCBRIDE GAS UNIT NO. 1 still producing?
- MCBRIDE GAS UNIT NO. 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCBRIDE GAS UNIT NO. 1 is August 2026.
- How much has MCBRIDE GAS UNIT NO. 1 produced?
- MCBRIDE GAS UNIT NO. 1 has reported 2,778,656 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2017 and August 2026, from 1 wellbore.
- How much is MCBRIDE GAS UNIT NO. 1 worth?
- The remaining production from MCBRIDE GAS UNIT NO. 1 is estimated to be worth about $1.6M in total as of 27 August 2026, within a range of $1.3M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCBRIDE GAS UNIT NO. 1 is a fraction of it. The estimate fits an Arps decline curve to the production MCBRIDE GAS UNIT NO. 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCBRIDE GAS UNIT NO. 1 is an estimate of value, not an offer and not an appraisal.
- How much income does MCBRIDE GAS UNIT NO. 1 generate in a year?
- MCBRIDE GAS UNIT NO. 1 is forecast to net about $379K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCBRIDE GAS UNIT NO. 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sabine Oil & Gas Corporation |
|---|---|
| Field | Branton (Rodessa) |
| County | Leon County, Texas |
| RRC district | 05 |
| Lease number | 282970 |
| Wellbores | 1 |
| Reported production | 2,778,656 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where MCBRIDE GAS UNIT NO. 1 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.