MCKINNEY, HUBERT
MCKINNEY, HUBERT is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Merit Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 17,891 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 $23K, 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 7 barrels a month. Its strongest month on the record we hold was August 2019, at 56 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 MCKINNEY, HUBERT
- Who operates MCKINNEY, HUBERT?
- MCKINNEY, HUBERT is operated by Merit Energy Company, Railroad Commission of Texas operator number 561136.
- Where is MCKINNEY, HUBERT?
- MCKINNEY, HUBERT is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 24939.
- Is MCKINNEY, HUBERT still producing?
- MCKINNEY, HUBERT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCKINNEY, HUBERT is August 2026.
- How much has MCKINNEY, HUBERT produced?
- MCKINNEY, HUBERT has reported 17,891 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MCKINNEY, HUBERT worth?
- The remaining production from MCKINNEY, HUBERT is estimated to be worth about $23K in total as of 26 August 2026, within a range of $0 to $46K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCKINNEY, HUBERT is a fraction of it. The estimate fits an Arps decline curve to the production MCKINNEY, HUBERT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCKINNEY, HUBERT is an estimate of value, not an offer and not an appraisal.
- How much income does MCKINNEY, HUBERT generate in a year?
- MCKINNEY, HUBERT is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCKINNEY, HUBERT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Merit Energy Company |
|---|---|
| Field | Jameson, North (Strawn) |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 24939 |
| Wellbores | 1 |
| Reported production | 17,891 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $23K |
Where MCKINNEY, HUBERT 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.