MCMURREY-STATE UNIT
MCMURREY-STATE UNIT is a Texas gas lease in Leon County, Railroad Commission district 05, operated by Encana Oil & Gas(USA) Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 7,435,335 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 $4.2M, with roughly $628K 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 28,904 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 46,070 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 MCMURREY-STATE UNIT
- Who operates MCMURREY-STATE UNIT?
- MCMURREY-STATE UNIT is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is MCMURREY-STATE UNIT?
- MCMURREY-STATE UNIT is a Texas gas lease in Leon County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 261886.
- Is MCMURREY-STATE UNIT still producing?
- MCMURREY-STATE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCMURREY-STATE UNIT is August 2026.
- How much has MCMURREY-STATE UNIT produced?
- MCMURREY-STATE UNIT has reported 7,435,335 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2010 and August 2026, from 1 wellbore.
- How much is MCMURREY-STATE UNIT worth?
- The remaining production from MCMURREY-STATE UNIT is estimated to be worth about $4.2M in total as of 27 August 2026, within a range of $3.4M to $4.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCMURREY-STATE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MCMURREY-STATE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCMURREY-STATE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MCMURREY-STATE UNIT generate in a year?
- MCMURREY-STATE UNIT is forecast to net about $628K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCMURREY-STATE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Hilltop Resort (Bossier) |
| County | Leon County, Texas |
| RRC district | 05 |
| Lease number | 261886 |
| Wellbores | 1 |
| Reported production | 7,435,335 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.2M |
Where MCMURREY-STATE UNIT 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.