MCGILL
MCGILL is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Pmo. It has 4 wellbores on file with the Commission. Reported production runs from September 2010 to August 2026, totalling 576,936 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 $3.3M, with roughly $746K 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 910 barrels a month, about 228 per wellbore. Its strongest month on the record we hold was June 2016, at 4,041 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 MCGILL
- Who operates MCGILL?
- MCGILL is operated by Pmo, Railroad Commission of Texas operator number 668494.
- Where is MCGILL?
- MCGILL is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25585.
- Is MCGILL still producing?
- MCGILL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCGILL is August 2026.
- How much has MCGILL produced?
- MCGILL has reported 576,936 barrels of oil (bbl) to the Railroad Commission of Texas between September 2010 and August 2026, from 4 wellbores.
- How much is MCGILL worth?
- The remaining production from MCGILL is estimated to be worth about $3.3M in total as of 26 August 2026, within a range of $2.6M to $4.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCGILL is a fraction of it. The estimate fits an Arps decline curve to the production MCGILL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCGILL is an estimate of value, not an offer and not an appraisal.
- How much income does MCGILL generate in a year?
- MCGILL is forecast to net about $746K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCGILL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pmo |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 25585 |
| Wellbores | 4 |
| Reported production | 576,936 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where MCGILL 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.