FOLEY MCM
FOLEY MCM is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2011 to August 2026, totalling 325,245 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 $296K 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 429 barrels a month. Its strongest month on the record we hold was March 2019, at 2,205 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 FOLEY MCM
- Who operates FOLEY MCM?
- FOLEY MCM is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is FOLEY MCM?
- FOLEY MCM is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15746.
- Is FOLEY MCM still producing?
- FOLEY MCM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FOLEY MCM is August 2026.
- How much has FOLEY MCM produced?
- FOLEY MCM has reported 325,245 barrels of oil (bbl) to the Railroad Commission of Texas between October 2011 and August 2026, from 1 wellbore.
- How much is FOLEY MCM worth?
- The remaining production from FOLEY MCM is estimated to be worth about $1.0M in total as of 27 August 2026, within a range of $819K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FOLEY MCM is a fraction of it. The estimate fits an Arps decline curve to the production FOLEY MCM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FOLEY MCM is an estimate of value, not an offer and not an appraisal.
- How much income does FOLEY MCM generate in a year?
- FOLEY MCM is forecast to net about $296K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FOLEY MCM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 15746 |
| Wellbores | 1 |
| Reported production | 325,245 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where FOLEY MCM 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.