MCNEILL
MCNEILL is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Mccommons Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 25,891 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 $185K, 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 54 barrels a month. Its strongest month on the record we hold was August 2016, at 249 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 MCNEILL
- Who operates MCNEILL?
- MCNEILL is operated by Mccommons Oil Company, Railroad Commission of Texas operator number 541740.
- Where is MCNEILL?
- MCNEILL is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 23270.
- Is MCNEILL still producing?
- MCNEILL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCNEILL is August 2026.
- How much has MCNEILL produced?
- MCNEILL has reported 25,891 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MCNEILL worth?
- The remaining production from MCNEILL is estimated to be worth about $185K in total as of 27 August 2026, within a range of $102K to $269K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCNEILL is a fraction of it. The estimate fits an Arps decline curve to the production MCNEILL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCNEILL is an estimate of value, not an offer and not an appraisal.
- How much income does MCNEILL generate in a year?
- MCNEILL is forecast to net about $36K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCNEILL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mccommons Oil Company |
|---|---|
| Field | Belknap, East (Congl.) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 23270 |
| Wellbores | 1 |
| Reported production | 25,891 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $185K |
Where MCNEILL 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.