MCGARRAUGH 204
MCGARRAUGH 204 is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Corlena Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2012 to August 2026, totalling 93,959 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 $1000K, with roughly $180K 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 224 barrels a month. Its strongest month on the record we hold was September 2018, at 674 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 MCGARRAUGH 204
- Who operates MCGARRAUGH 204?
- MCGARRAUGH 204 is operated by Corlena Oil Company, Railroad Commission of Texas operator number 178450.
- Where is MCGARRAUGH 204?
- MCGARRAUGH 204 is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08880.
- Is MCGARRAUGH 204 still producing?
- MCGARRAUGH 204 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCGARRAUGH 204 is August 2026.
- How much has MCGARRAUGH 204 produced?
- MCGARRAUGH 204 has reported 93,959 barrels of oil (bbl) to the Railroad Commission of Texas between November 2012 and August 2026, from 1 wellbore.
- How much is MCGARRAUGH 204 worth?
- The remaining production from MCGARRAUGH 204 is estimated to be worth about $1000K in total as of 27 August 2026, within a range of $780K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCGARRAUGH 204 is a fraction of it. The estimate fits an Arps decline curve to the production MCGARRAUGH 204 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCGARRAUGH 204 is an estimate of value, not an offer and not an appraisal.
- How much income does MCGARRAUGH 204 generate in a year?
- MCGARRAUGH 204 is forecast to net about $180K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCGARRAUGH 204 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Corlena Oil Company |
|---|---|
| Field | Lipscomb, S.E. (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 08880 |
| Wellbores | 1 |
| Reported production | 93,959 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1000K |
Where MCGARRAUGH 204 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.