MCGARRAUGH 134
MCGARRAUGH 134 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Holmes Exploration, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2011 to August 2026, totalling 129,921 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 $1.3M, with roughly $231K 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 222 barrels a month. Its strongest month on the record we hold was October 2017, at 1,174 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 MCGARRAUGH 134
- Who operates MCGARRAUGH 134?
- MCGARRAUGH 134 is operated by Holmes Exploration, LLC, Railroad Commission of Texas operator number 394700.
- Where is MCGARRAUGH 134?
- MCGARRAUGH 134 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08641.
- Is MCGARRAUGH 134 still producing?
- MCGARRAUGH 134 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCGARRAUGH 134 is August 2026.
- How much has MCGARRAUGH 134 produced?
- MCGARRAUGH 134 has reported 129,921 barrels of oil (bbl) to the Railroad Commission of Texas between August 2011 and August 2026, from 1 wellbore.
- How much is MCGARRAUGH 134 worth?
- The remaining production from MCGARRAUGH 134 is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $1.0M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCGARRAUGH 134 is a fraction of it. The estimate fits an Arps decline curve to the production MCGARRAUGH 134 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCGARRAUGH 134 is an estimate of value, not an offer and not an appraisal.
- How much income does MCGARRAUGH 134 generate in a year?
- MCGARRAUGH 134 is forecast to net about $231K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCGARRAUGH 134 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Holmes Exploration, LLC |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 08641 |
| Wellbores | 1 |
| Reported production | 129,921 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where MCGARRAUGH 134 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.