MCGILVRAY UNIT
MCGILVRAY UNIT is a Texas oil lease in Limestone County, Railroad Commission district 05, operated by Hombre Oil Co., Ltd. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 171,237 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 $849K, 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 259 barrels a month. Its strongest month on the record we hold was December 2021, at 403 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 MCGILVRAY UNIT
- Who operates MCGILVRAY UNIT?
- MCGILVRAY UNIT is operated by Hombre Oil Co., Ltd., Railroad Commission of Texas operator number 396825.
- Where is MCGILVRAY UNIT?
- MCGILVRAY UNIT is a Texas oil lease in Limestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 02670.
- Is MCGILVRAY UNIT still producing?
- MCGILVRAY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCGILVRAY UNIT is August 2026.
- How much has MCGILVRAY UNIT produced?
- MCGILVRAY UNIT has reported 171,237 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MCGILVRAY UNIT worth?
- The remaining production from MCGILVRAY UNIT is estimated to be worth about $849K in total as of 27 August 2026, within a range of $662K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCGILVRAY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MCGILVRAY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCGILVRAY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MCGILVRAY UNIT generate in a year?
- MCGILVRAY UNIT is forecast to net about $192K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCGILVRAY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hombre Oil Co., Ltd. |
|---|---|
| Field | Megan Richey (Woodbine) |
| County | Limestone County, Texas |
| RRC district | 05 |
| Lease number | 02670 |
| Wellbores | 1 |
| Reported production | 171,237 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $849K |
Where MCGILVRAY 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.