MCCLAUGHERTY, I. O.
MCCLAUGHERTY, I. O. is a Texas gas lease in Mcmullen County, Railroad Commission district 01, operated by Varas Energy Operating Company,. It has 1 wellbore on file with the Commission. Reported production runs from February 2025 to August 2026, totalling 291 thousand cubic feet. 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 $25K, with roughly $4K 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 22 thousand cubic feet a month. Its strongest month on the record we hold was February 2026, at 136 thousand cubic feet. 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 MCCLAUGHERTY, I. O.
- Who operates MCCLAUGHERTY, I. O.?
- MCCLAUGHERTY, I. O. is operated by Varas Energy Operating Company,, Railroad Commission of Texas operator number 102824.
- Where is MCCLAUGHERTY, I. O.?
- MCCLAUGHERTY, I. O. is a Texas gas lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 301141.
- Is MCCLAUGHERTY, I. O. still producing?
- MCCLAUGHERTY, I. O. is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MCCLAUGHERTY, I. O. is August 2026.
- How much has MCCLAUGHERTY, I. O. produced?
- MCCLAUGHERTY, I. O. has reported 291 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2025 and August 2026, from 1 wellbore.
- How much is MCCLAUGHERTY, I. O. worth?
- The remaining production from MCCLAUGHERTY, I. O. is estimated to be worth about $25K in total as of 27 August 2026, within a range of $14K to $36K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCCLAUGHERTY, I. O. is a fraction of it. The estimate fits an Arps decline curve to the production MCCLAUGHERTY, I. O. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCCLAUGHERTY, I. O. is an estimate of value, not an offer and not an appraisal.
- How much income does MCCLAUGHERTY, I. O. generate in a year?
- MCCLAUGHERTY, I. O. is forecast to net about $4K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCCLAUGHERTY, I. O. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Varas Energy Operating Company, |
|---|---|
| Field | A.W.P. (Olmos) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 301141 |
| Wellbores | 1 |
| Reported production | 291 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $25K |
Where MCCLAUGHERTY, I. O. 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.