MCR
MCR is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Burk Royalty Co., Ltd. It has 1 wellbore on file with the Commission. Reported production runs from July 2014 to August 2026, totalling 84,577 barrels. The lease is intermittent. 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 $192K, with roughly $36K 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 23 barrels a month. Its strongest month on the record we hold was February 2017, at 1,143 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 MCR
- Who operates MCR?
- MCR is operated by Burk Royalty Co., Ltd., Railroad Commission of Texas operator number 108799.
- Where is MCR?
- MCR is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27175.
- Is MCR still producing?
- MCR is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MCR is August 2026.
- How much has MCR produced?
- MCR has reported 84,577 barrels of oil (bbl) to the Railroad Commission of Texas between July 2014 and August 2026, from 1 wellbore.
- How much is MCR worth?
- The remaining production from MCR is estimated to be worth about $192K in total as of 26 August 2026, within a range of $105K to $278K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCR is a fraction of it. The estimate fits an Arps decline curve to the production MCR has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCR is an estimate of value, not an offer and not an appraisal.
- How much income does MCR generate in a year?
- MCR is forecast to net about $36K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCR receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burk Royalty Co., Ltd. |
|---|---|
| Field | Fort Trinidad, East (Buda) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 27175 |
| Wellbores | 1 |
| Reported production | 84,577 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $192K |
Where MCR 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.