MCVEY UNIT A
MCVEY UNIT A is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2011 to August 2026, totalling 107,152 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 $1.0M, with roughly $170K 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 171 barrels a month. Its strongest month on the record we hold was October 2017, at 1,189 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 MCVEY UNIT A
- Who operates MCVEY UNIT A?
- MCVEY UNIT A is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is MCVEY UNIT A?
- MCVEY UNIT A is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25735.
- Is MCVEY UNIT A still producing?
- MCVEY UNIT A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCVEY UNIT A is August 2026.
- How much has MCVEY UNIT A produced?
- MCVEY UNIT A has reported 107,152 barrels of oil (bbl) to the Railroad Commission of Texas between August 2011 and August 2026, from 1 wellbore.
- How much is MCVEY UNIT A worth?
- The remaining production from MCVEY UNIT A is estimated to be worth about $1.0M in total as of 27 August 2026, within a range of $795K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCVEY UNIT A is a fraction of it. The estimate fits an Arps decline curve to the production MCVEY UNIT A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCVEY UNIT A is an estimate of value, not an offer and not an appraisal.
- How much income does MCVEY UNIT A generate in a year?
- MCVEY UNIT A is forecast to net about $170K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCVEY UNIT A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Halliday (Woodbine) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 25735 |
| Wellbores | 1 |
| Reported production | 107,152 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where MCVEY UNIT A 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.